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How this affects you: An important thing to know as a first-time homebuyer is that any new loans or credit card accounts on your credit report can jeopardize the closing and final loan approval ...
Explain your credit and financial circumstances: As a first-time buyer, you might not have a long credit history, plan to use a gift funds for a down payment or earn income through a gig work or ...
The U.S. housing market is as challenging as ever for homebuyers, with mortgage rates close to a 23-year high, housing prices near an all-time record and inventory tight across the nation. Still ...
A first time homebuyer tax credit offers a direct reduction of the amount of income tax you owe. The U.S. federal government offered a tax credit program to first-time homebuyers (including those ...
First-time buyer loans typically have more flexible requirements, such as a lower down payment and credit score. Many help buyers with closing costs and the down payment through grants and low ...
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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