Julie Johnson

Better Homes & Gardens Real Estate | David Winans & Associates

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Entries Tagged as 'closing costs'

$8,000 Tax Credit Now Available at Closing for FHA Loans

June 9th, 2009 · 1 Comment · Real Estate, Taxes

The Federal Housing Administration (FHA) will now allow the maximum $8,000 tax credit to be applied at closing for qualified home buyers. Additionally, FHA will now allow those home buyers to use the credit to make a larger down payment (FHA still requires 3.5%), cover closing costs or to buy down their interest rate. This [...]

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Tags:$8000 tax credit·closing costs·down payment·home buyers·Real Estate