Down Payment for First Time Buyers

$8000 Downpayment for First Time Buyers

The U.S. Department of Housing and Urban Development (HUD) announced that first-time homebuyers using FHA-approved lenders can now get an advance on the $8,000 tax credit created by the stimulus package and apply it toward their down payments or closing costs.

First time buyers in Dublin, San Ramon, Danville, Walnut Creek and Pleasanton should check with their mortgage broker for more details on how to make use of this tax credit on their home purchase.

Contact Craig for more information on local real estate markets and home sales – 925-984-4910

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