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2. What is the first-time homebuyer tax credit? - AOL

   www.aol.com/finance/first-time-homebuyer-tax...

   The first-time homebuyer tax credit was an Obama-era program that directly reduced the amount of tax owed by qualifying homebuyers. ... First-time homeowners were required to be at least 18 years ...

3. Housing and Economic Recovery Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Housing_and_Economic...

   Included a first-time home buyer refundable tax credit for purchases on or after April 9, 2008 and before July 1, 2009 equal to 10 percent of the purchase price of a principal residence, up to $7,500. Phased out the credit for taxpayers with incomes over $75,000 ($150,000 for joint returns).

4. Would it help? Fed legislation would create $15,000 tax ... - AOL

   www.aol.com/help-fed-legislation-create-15...

   In 2008, 2009 and 2010, first-time homeowners could also claim a refundable tax credit from the purchase of their house, although the cap at the time was set at $7,500. That was increased to ...

5. First-time homebuyer guide - AOL

   www.aol.com/finance/first-time-homebuyer-guide...

   First-time homebuyer programs: If you’re a first-time homebuyer, you might qualify for help affording the home. Some lenders offer a mix of slightly discounted mortgage rates, minimal fees and ...

6. New Homeowners: Here’s What You Need To Know for Your Taxes

   www.aol.com/finance/homeowners-know-taxes...

   First-time homeowners are often nervous about all the new reporting they have to do during tax season. ... Maryland’s Homeowner’s Tax Credit Program has an annual household income cap of ...

7. Mortgage Credit Certificate - Wikipedia

   en.wikipedia.org/wiki/Mortgage_Credit_Certificate

   The MCC program is designed to help first-time homebuyers offset a portion of their mortgage interest on a new mortgage as a way to help homebuyers qualify for a loan. Because it is a tax credit and not a tax deduction , mortgage lenders will often use the estimated amount of the credit on a monthly basis as additional income to help the ...

8. 41% of homeowners saved specifically for their first home ...

   www.aol.com/finance/41-homeowners-saved...

   It can also help to open a savings account specifically for your down payment fund: According to Bankrate. 41 percent of current homeowners said they spent time saving specifically for the down ...

9. How to compare lenders for first-time homebuyers - AOL

   www.aol.com/finance/compare-lenders-first-time...

   For first-time homeowners, lenders can often approve a loan with as little as 3 percent down. If you’re looking to buy without depleting your savings, look closely at the down payment ...