FHA just announced that for all qualified first-time home buyers who are allowed the $8,000 first-time homebuyer tax credit to be applied directly toward home purchase costs by using a FHA-insured mortgage. However, it will still require home buyers to provide a minimum 3.5 percent downpayment.
Filed under: Mortgage/Loan, Seattle, Washington, loan, mortgage, real estate, real estate tips | Leave a Comment
Tags: $8000, First-time Home Buyer, tax credit
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