Congress made it $8,000 easier to buy a home.
The first–time homebuyer tax credit can help make homeownership a reality. Do you qualify?
To help answer that question, SCCU is pleased to present the information below, compiled by the National Association of Home Builders, about how this law can benefit you. Please note that for purposes of this tax credit, a first–time home buyer is a buyer who has not owned a principle residence during the past three years.
If you have questions regarding your eligibility for this credit, please speak to your tax advisor.
For information about SCCU’s home loans, and to learn how you can receive a rebate of up to $5,000 towards your closing costs*, please contact one of our Mortgage Loan Officers .
First–Time Home Buyer Tax Credit General Information
Who is Eligible?
Types of Homes that Qualify for the Tax Credit
For more information on income limits and frequently asked questions, visit http://www.federalhousingtaxcredit.com/2009/faq.php Please note that this information is not intended as tax advice. For information on how this tax credit affects your personal situation, please consult a tax advisor.
* Rebate is based on attaining financing with SCCU and the use of a participating REALTOR®. Platinum REALTORS® are not employees or partners of SCCU. Information provided during application process subject to confirmation. SCCU's usual credit criteria apply. Not all applicants will be approved for a loan.
