I know we have talked about this before BUT its the best thing I have ever seen for 1st Time Buyers.
A FIRST TIME BUYER IS ANYONE who has not owned a home in the past 3 years.
The tax credit is up ro 2,000 per year for up to 30 years as long as you keep the original loan and still reside in the home as your primary residence.
Most people would get the full 2,000 per year.
There are some income restrictions - from what i have read if you have 1-2 people in your household you can have up to 76,000 of household income.
If you have 3+ in your household you can make around 89,000 per household.
There is no special loan you only have to get your loan from a lender who is signed up so their consumers are eligible to receive it.
This is only for people who close on their home in the calendar year of 2014. Please share!