Ricardo A. Galleos's (rgteam) Blog

Relocation Relocation Relocation Central California Real Estate

Question for you - my wife is vested on our property but not on the loan - could I get her to qualify under the 1st time home buyers program to buy another property?

580 minimum fico score on FHA & VA loans. Maximum loan amont is $271,000

First Time Homebuyer Tax Credit became law through the H.R. 3221 Housing and Economic Recovery Act of 2008. Amount of Credit:  10% of the cost of home, not to exceed $7500. Eligible Property:  Any single-family residence (including condos) that will be used as primary residence.   Reduces income ...