Home Loan Information

$8,000.00

Now it is easier than ever to live the American dream of home ownership! As part of the government stimulus plan, first time home buyers can get up to *$8,000! If you are thinking about buying a home, now is the time to act!

• The tax credit is for first time home buyers only.
• A first time home buyer is defined as a buyer who has not owned a principal residence during a three year period prior to the purchase.
• The tax credit does not have to be repaid.
• The tax credit is equal to 10 percent of the home's purchase price up to a
  maximum of $8,000.
• To be eligible, a property must be purchased on or after January 1, 2009 and before December 1, 2009.
• Single taxpayers with incomes up to $75,000 and married couples with combined incomes up to $150,000 qualify for the full tax credit.

For more information, click here to download the flyer.