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How can I get the 8k tax money to buy a home asap?

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Bananas123
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Bananas123

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After reading the article, I understand that a loan is taken out (until the taxes get ammended and you actually get the refund), but where do you apply for this loan? And if closing costs and buying down of rates don't equal 8k, do you still get whatever is excess to keep?

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Bananas123
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Bananas123

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Thanks! This is a good place to start!

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sunnyview
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sunnyview

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You still need a down payment of 3.5% minimum for FHA available without the credit. You can read more about getting the credit upfront to help pay closing costs here. This FAQ about the tax credit is also very helpful here and has lots of good information about who qualifies, how to apply etc. Hope the links help.

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How can I get the 8k tax money to buy a home asap?

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Question Why insist on a Certified Insurance Agent?

Question question to asked or look at when buying a 1991 house in modesto ca

Question Does the bank ask for paystubs more than once?

Question How can I get the 8k tax money to buy a home asap?

Question Once I find a home that I'm interested in, how do I contact the owner?

Related Articles about Buying Process

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How can I get the 8k tax money to buy a home asap?

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Question Why insist on a Certified Insurance Agent?

Question question to asked or look at when buying a 1991 house in modesto ca

Question Does the bank ask for paystubs more than once?

Question How can I get the 8k tax money to buy a home asap?

Question Once I find a home that I'm interested in, how do I contact the owner?

Related Articles about Buying Process

Guide Real Estate Buyer's Closing Costs

Guide List of Closing Costs and Fees

Guide You've Opened Escrow

Guide Home Buying One Step at a Time

Guide A Buyer's Guide to Making the Right Choice

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