Real Estate Home Loans in Boise Idaho, Waterstone Mortgage - Prime Equity Group

News for Boise Idaho First Time Homebuyers, Realtors and issues facing consumers looking for real estate loans. (FHA, IHFA, Idaho Housing, VA Conventional, Jumbo, ARMs, Tax Credit Updates, First Time Homebuyers)

President Signs 3-Month Extension of Tax Credit

On Friday, President Obama signed a law giving home buyers three extra months of the wildly popular tax credit that gives first-time home buyers $8,000 and previous owners $6,500.  These only apply to primary residences.

The catch?  This still only applies to purchase contracts that were executed prior to the April 30th deadline.  This just gives those individuals extra time to close.  It does not enable today's signed contracts to qualify.

Dean Tucker Mortgage Banker Waterstone Mortgage Prime Equity Group

I specialize in home loans for first time home buyers, move up buyers, second home purchases, and resort lending. The loan products available to my clients include FHA, IHFA, VA, Conforming Conventional, Jumbo and Super Jumbo Portfolio.

My primary markets are Ada County (Boise, Eagle, Meridian, Kuna, Star), Canyon County (Nampa, Caldwell, Middleton), and Valley County (Cascade, Donnelly. Tamarack, McCall).

Apply On-line  Waterstone Boise Website Idaho Mortgage on Twitter

 

0 commentsDean Tucker (Mortgage Banker) • July 06 2010 03:25PM

House To Vote To Extend Closing Period For Homebuyer Tax Credit

The House will vote Tuesday on a bill to give first-time homebuyers more time to close in order to claim a federal tax credit that expired at the end of April. The House bill would give homebuyers that had a contract in place before April 30 until Sept. 30 to close on the sale. That would allow them to claim the $8,000 tax credit for first-time homebuyers. The House is slated to vote on the bill under expedited procedures for bills that enjoy broad support.

This is great news for first time home buyers and move-up buyers in Idaho!

Dean Tucker Mortgage Banker Waterstone Mortgage Prime Equity Group

I specialize in home loans for first time home buyers, move up buyers, second home purchases, and resort lending. The loan products available to my clients include FHA, IHFA, VA, Conforming Conventional, Jumbo and Super Jumbo Portfolio.

My primary markets are Ada County (Boise, Eagle, Meridian, Kuna, Star), Canyon County (Nampa, Caldwell, Middleton), and Valley County (Cascade, Donnelly. Tamarack, McCall).

Apply On-line  Waterstone Boise Website Idaho Mortgage on Twitter

 

0 commentsDean Tucker (Mortgage Banker) • June 29 2010 03:10PM