Archive for December, 2011

Best FHA Home Loan – President Says So

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Question by carlosnycpr: First Time Home Buyer — Who to Go to for Home Mortgage?
I’m looking for a bank or mortgage broker to finance my first home. I don’t have much to put down, but was told that some banks would provide 100% financing. (I know it’s better to put something down). I have good credit, 0 debt except for a student loan. Who are the better companies to deal with in this area.

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Question by Jon: Am I qualified for the First time home buyer tax credit?
My grandmother lives in a Co-op in New York and I help her pay the maintenance, I used to live with her for several years until 2 years ago. Both of our names are on the co-op contract as share holder as well as on the Mortgage Interest Statement, Form 1098. I never took a mortgage or actually purchased any home. My question is, am I qualified for the 8000$ first time home buyer tax credit in case I buy an apartment in 2009?

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Question by zianneaaliyah: What is the best way of finding and receiving government grants for a first time home buyer?
I’ve been searching the internet to try to find the best site or information on what government grants are right for me and the best way to recieve them. I recently went to a NGC (National Grants Conference) and I wasn’t comfortable giving them a thousand dollars just to give me information on how to get a government grant. I know this is not an easy process, but I just want to know what would be the best way for me to find a grant that would be right for me and the best way to get that grant for a first time home buyer? Any suggestions would be great, thank you.

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Question by ♥♥♥You Go Girl♥♥♥: How long do you have to be employed before you can get a home loan for a first time home buyer?
First time home buyer, how long do you need to be employed before a loan company will give you a loan?
from banks and mortgage companies and also FHA loans how long do you need steady employment. Thanks.

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chfa mortgage loan


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Question by Scott: Can you buy investment property using a first time home buyer type mortgage?
I’m interested in buying a house to rent out, but am wondering if it is possible to get a loan that is not dubbed “investment”, which usually requires up to 20% down payment and carry a higher interest rate than regular mortgages.

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