Senate OK’s Homebuyer Tax Credit 98-0

The senate votes to extend and expand 1st time home buyer tax credit to include $8,000 for first-time buyers and $6,500 for move-up buyers. The House is expected to follow and President Obama to sign in a matter of days. Source: LA Times

No Savings? No Problem with CHF Access

With CHF Access financing Homeownership may be just around the corner. The CHF Access program provides 99.5% fixed rate financing by blending a 96.5% FHA first mortgage with a 3% CHF Access second. This program is limited to a primary residence but is not limited to only first time buyers. Just .05% (1/2%) minimum down [...]

Shop for best loan

One of the very most important decisions first time buyers need to make prior to buying a home is financing. Because the cost of borrowing can vary quite a bit from one lender to another buyers should start shopping for a lender early in the buying process. You should interview several lenders before deciding. Insist [...]