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msnover92571 · Posted: Tue Feb 10, 2009 1:57 pm Post subject: FHA

I will be purchasing my first house in a month or too. Do i qualify for the 15k tax credit and get a loan through FHA? I heard they dont accept first time buyers? Correct me if im wrong. Thanks

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I am on line now!

eric1 · Posted: Tue Feb 10, 2009 6:41 pm Post subject:

Someone please de-activate mortgage_man's user ID

msnover, first time home buyers can get an FHA loan

msnover92571 · Posted: Tue Feb 10, 2009 9:39 pm Post subject:

oh ok thanks alot man how about the 15k tax rebate? And info on this?

Niicss · Posted: Fri Feb 13, 2009 5:11 am Post subject:

Hi msnover,

As far as I know, the "new and improved" 15k tax credit is for all home-buyers. But you will have to live in the home as your primary residence for the next two years. If you leave the property before two years, you will not get the full credit.

Thanks.

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