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Do I qualify for as a first time home buyer?

Profile picture for AmyConserriereMcMurdo
I purchased a home in 1995, I was married at the time, and lived in that home until 2009 when I divorced.  The home was refinanced and retained by my ex-husband.  Do I qualify as a first time home buyer if I am purchasing now, without a co-signer?
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January 30 - Keller
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Answers (6)

Profile picture for Caveat Emptor
You could be a FHB(see below) but there are no "first time home buyer tax credits or other *federal incentives that I'm aware of. if its a private incentive, then you should contact whoever is offering it.
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January 31
Profile picture for TexasLoanGuy
Amy,

You will certainly want to connect with a Mortgage Professional to check out your options.

A First Time Home Buyer is defined as not having owned a property within the last 3 years. You mentioned 2009, so it sounds like it will be close and will depend on when your name was removed from your old home in 2009.

All the best and feel free to give us a call/email with any additional questions.
John 
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Profile picture for aelhage
Your best bet is connecting with a mortgage officer. Was the previouse loan in both your names?
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January 30
Profile picture for wetdawgs
Are there special programs that you are interested in that require first time home buyer status?   The Feds tax incentives are gone.  
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January 30
Profile picture for KileProperties
That's a great question.  The lender you choose will be able to give you all your options and suggest your best fit once they know your financial situation.  Visit our web site under the buyers tab for a list of great lenders who could help you know for sure.  Then you will be ready to purchase a home as a pre qualified buyer.
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Profile picture for DallasLoanGuy
I believe most definitions of first time homebuyer is "hasn't owned in the previous 3 years"

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January 30
 

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