first time home buyer – owner loan

blog for first time home buyers

First Time Home Buyer Stimulus – Tax Credit Deadline Extended

Safiur Rahman asked: Owning one’s own home is a dream of every individual. But as fate would have it, the current economic crisis with rampant job cuts in the US have made this dream a distant reality for many. The introduction of President Obama’s home stimulus package has, however, made this goal significantly more achievable [...]

Posted February 25th, 2010 in Mortgage | No Comments »

First Time Home Buyer Stimulus: Are You Ready to Claim Your Tax Credit of Up to $8,000?

Safiur Rahman asked: Buying your first home is a big, life changing decision regardless of the economic climate. The decision becomes even more bold in an a recession where job cuts are rampant and the housing market has been in a slump for over a year. Nevertheless, if you are confident in your financial future, [...]

Posted February 23rd, 2010 in Mortgage | No Comments »

First Time Home Buyers – Home Buying Process

Jeff Ragan asked: Are you ready to buy that first home? Are you sure you’re ready to begin? Some would say you need to begin with finding the house you want to buy. But really there are steps you need to take as first time home buyers before you begin. Let’s say you’re planning a [...]

Posted February 14th, 2010 in Mortgage | No Comments »

Obama’s First Time Home Buyer Stimulus

Suzan Smith asked: Obama’s first time home buyer stimulus is for those people who had postponed buying a house due to the sudden outbreak of recession in late months of 2008. The US President Barack Obama and his team of administrators have planned and signed 2009 economic stimulus package and there are many sections and [...]

Posted January 18th, 2010 in Mortgage | No Comments »

Obama’s First Time Home Buyer Stimulus – Lucky Break For First Time Buyers

Suzan Smith asked: The economy is terrible; the housing market as well. Foreclosures are at an all-time high and the market value of most homes has dropped to the point many homeowners do not even have equity any more. It is a very difficult time to sell a house.But, it is a GREAT time to [...]

Posted January 13th, 2010 in Mortgage | No Comments »

First Time Home Buyer Credit Extended Until April 30th, 2010

Safiur Rahman asked: If you are looking to buy your first home, this could very well be the best time to do it.  If you’ve been keeping up with the news, it is likely that you are familiar with President Obama’s economic stimulus package aimed at boosting ailing housing market.  The first time home buyer [...]

Posted January 2nd, 2010 in Mortgage | No Comments »

Florida First Time Home Buyer FHA Loans, 97% down to 530 FICO

FHA home loan Lender asked: irst Time Home Buyer LoansEvery Florida home buyers should know the many advantages that come with an FHA mortgage loan. FHA loans were created during the great depression to help increase home ownership. For the Florida mortgage applicant the FHA program can simplify the purchase of a Florida home, making [...]

Posted January 1st, 2010 in Mortgage | No Comments »

First Time Home Buyer Credit – Qualifying Criteria and Restrictions

Safiur Rahman asked: If you are looking to buy your first home in the near future, it is likely that you have heard about the first time home buyer stimulus program which offers you a tax credit of up to 10% on the purchase price of your home (up to $8000) if you purchase by [...]

Posted December 31st, 2009 in Mortgage | No Comments »

What Are The First Time Home Buyer Benefits to Buying a Home?

Jeff Ragan asked: You hear that being a first time home buyer is a good idea. But you’re wondering how can that be? Here you are deciding to go deep in debt!!! Isn’t this going against everything you’ve learned? Once you see the many first time home buyer benefits, then you’ll understand why everyone is [...]

Posted September 18th, 2009 in Mortgage | No Comments »

First Time Home Buyer Loan

Christine Carter asked: With the collapse of the Subprime mortgage market, the mortgage industry has changed dramatically in recent months. Many of the more liberal mortgage programs have been discontinued. How will this effect the market for first time home buyer loans?From approximately the year 2000 until the year 2004 interest rates fell steadily, reaching [...]

Posted August 17th, 2009 in Mortgage | No Comments »