Well here's something I didn't know. It might be news to you vets as well. Looks like you don't have much time to take advantage of it, but if you are in the market or ready to buy a new home, this might save you some money. I hope it will work for you!
Dear Vet's,
Dear Vet's,
Have you been thinking about buying a home or refinancing your current home loan? Did you know that you can still take advantage of the First Time Homebuyer Tax credit or $8,000 (must close by November 30, 2009) if you purchase your first home, (a first home is considered if you have not owned a home for the past three years), using your VA entitlement which requires NO DOWN PAYMENT money? Did you know that the current 30 year fixed rate is 5% with NO PRE PAYMENT PENALTIES?
Enough with all these questions. One fact to remind you of is if you HAVE used your eligibility to purchase a home using your VA entitlement, you do have the option of using your entitlement again. In fact there are no limits as to how many times you use your entitlement, as long as you pay off your current VA home loan prior to buying your next home.
To find out more detailed information please email or visit my website at:
or
Your VA home loan specialist.
Mitch Friedman
720-434-4784
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