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  2. First-time homebuyer qualifications - AOL

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

    At least a 620 credit score (some programs require at least 640 or 680) 3 percent or 3.5 percent down payment, ... How do first-time homebuyer qualifications vary by state?

  3. Guide to first-time homebuyer loans and programs - AOL

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

    FHA loan: Insured by the Federal Housing Administration, FHA loans allow you to buy a home with a minimum credit score of 580 and as little as 3.5 percent down, or a credit score as low as 500 ...

  4. Types of first-time home buyer programs - AOL

    www.aol.com/grants-low-interest-loans-state...

    Minimum credit score of 640, first-time home buyer (repeat home buyers in some areas can still qualify), sales price limit of $224,500 statewide. Minnesota Housing

  5. Mortgage Credit Certificate - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Credit_Certificate

    x MCC Credit: 30% = Total Credit: $3579; Because the total credit in this example exceeds the IRS limit of $2000, the homebuyer would report a $2000 credit on their tax return. The buyer may continue to receive a tax credit for as long as they live in the home and retain the mortgage.

  6. Do you qualify for homebuyer assistance? You might - AOL

    www.aol.com/finance/can-i-qualify-for-homebuyer...

    Each homebuyer program has unique requirements, but here are some common threads: ... Yes, as long as you can meet the income and credit requirements for the assistance program or tax credit you ...

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

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

    The first-time homebuyer tax credit no longer exists; the U.S. government offered this program for first-time homebuyers from 2008-2010. ... Above a certain income, buyers did not qualify for the ...

  8. First-Time Homebuyer’s Guide to Mortgage Loans ... - AOL

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

    In addition to having low down payment requirements and flexible credit criteria, Home Possible lets you apply with a non-occupying co-borrower. Down payment required: 3% Minimum credit score: 660

  9. What You Need to Know About the Housing Credit - AOL

    www.aol.com/news/2011-01-02-what-you-need-to...

    The Homebuyer Assistance and Improvement Act of 2010, signed into law by President Obama in July 2010, modified the terms of the existing first-time homebuyer's credit. The new law extended the ...

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