FEDERAL HOUSING TAX CREDIT
for
FIRST TIME HOME BUYERS

reSOURCES

Federal Housing Tax Credit search services will help you find additional information not found on this site.  The service (powered by Google) is FREE and will connect you to a database of Housing Tax Credit information. The Original bill was titled H.R. 4221, it is intended to provide a refundable tax credit that is equivalent to an interest-free loan equal to 10 percent of the purchase of a home (up to $8,000) by first-time home buyers.

 

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Buying your first home is one of the most important moments in your life -however, it can be a very stressful and a seemingly complicated event. 

As First Time Home Buyers there is a lot for you to learn - this page is dedicated to helping you find the resources to help you with the home buying process.

On this page you will find information about the various types of Government Housing  Programs, Down Payment Assistance Programs, VA and FHA Loans. 

And answers to questions like - Is it better to use a Realtor or try an buy a home without using one.  Is it wise to buy a home out of Foreclosure or a Short Sales? 

Should you get pre-qualified for a loan before you start looking for your new home?  What type of home loan is best for you?  What is the difference between a Conventional Loan, Sub-Prime Loan, FHA and VA Loans?

These are just some of the questions you will want to have the answers to before you make purchase your new home.  Good luck and we hope you enjoy owning
your piece of the American Dream.


Additional
Resources with information about FHA Home Loans and
Down Payment Assistance Programs


USA Down Payment Assistance - National guide to State and Local Community Housing Programs

FHA Home Mortgage  - List local lenders that will help you with your FHA Home Loan. Includes Google maps to their locations and phone numbers

Zero Down Mortgage Guide  - Links and information to a variety of housing lenders that offer
home mortgages with little or no money down.


Down Payment Grant Money
- Good resource for a variety of housing grants.  With current market conditions it is getting harder to find housing grants - Check some of these lenders on this site.

FHA Down Payment Assistance - Provides additional links to other housing grant programs

Federal Housing Mortgage - Another good link directory - provides housing information and FHA mortgage help

UPDATED:
NEWS AND INFORMATION ABOUT THE FEDERAL HOUSING TAX CREDIT