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IHFA Tax Credit 2nd loan for Idaho First-Time Homebuyers

Thursday, May 14, 2009

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The IHFA Tax Credit 2nd loan for Idaho First-Time Homebuyers is a great way for individuals to get 100% financing on the purchase of a home. This is a great way for First-Time Homebuyers to utilize their $8,000 tax credit they will receive from the government for purchasing a home in 2009. Below our some of the guidelines associated with the loan

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What is an HECM loan?

Monday, May 4, 2009

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What is an HECM loan? Often times people hear the term HECM loan and they don’t understand what HECM stands for. HECM stands for Home Equity Conversion Mortgage, also know as an FHA Reverse Mortgage

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Idaho IHFA & USDA Rural Development Zero Down Home Loans

Monday, May 4, 2009

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Idaho IHFA & USDA Rural Developement Zero Down Home Loans are two great ways for a home owner to purchase a home with 100% financing. With the Idaho Housing & Finance association loan (IHFA) in order to qualify for a 100% financing you need to be a first time homebuyer to qualify for the IHFA tax credit 2nd mortgage. A first-time home buyer is defined as someone who has not owned a home within the last three years.

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