If you’re looking for a first-time home buyer tax credit, we can point you in the right direction, with direct links to the resources you need.
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First-time homebuyers can take advantage of the first-time homebuyer tax credit program only if the home was purchased between April 9, 2008, and April 30, 2010 (with a closing date no later than September 30, 2010).
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Under this first time Florida homebuyer program 100% financing is available with NO monthly mortgage insurance premium charged to the first time Florida home buyer. The upfront 2% USDA Guarantee fee may be added to the USDA loan amount. In Florida, the maximum USDA loan amount is $417,000.
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The way to avert that is to allow these folks to find another financing vehicle, and the FHA is the answer. HUD estimates that more than 200,000 first-time home buyers and current homeowners who need access to capital could obtain FHA-insured mortgages next year if.
Florida first-time homebuyer programs. The Florida Housing Finance Corp. manages first-time homebuyer programs in the state. The agency dates back to 35 years of working with Florida’s government officials to provide local residents financial assistance to afford their new home.
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Note: The content of this video applies only to taxes prepared for 2009 and 2010. It is included here for reference only. In November 2009, the federal government extended and expanded the popular First-Time Homebuyer’s Credit program. It lets you trim your tax bill by up to $8,000, a boon to homeowners facing mortgage payments for the first time.
Popularity of Florida first-time homebuyer tax credit program exploding In rapidly increasing frequency, first-time homebuyers in Florida are taking advantage of a little-known program that pays.
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