WHEDA: Wisconsin Housing and Economic Development Authority
They joined forces with Fannie Mae to come out with the WHEDA Advantage program. Wisconsin properties qulaify. Purchase price limits vary per county
Rate today is 5.75%
With 20% down it's 5.4%
Possibly no down payment with qualified buyer and credit score.
30 year fixed rate loan. Income limits apply.
Tuesday, March 23, 2010
BUYER TAX CREDIT - 37 DAYS REMAIN
37 days and counting. You're running out of time to get your offer accepted and take advantage of the up-to $8,000 1st-time buyer or up-to $6,500 repeat buyer tax credit.
If you need the details to see if you qualify, give me a call.
1st-time buyers are buyers who haven't owned a home in the past 3 years. Repeat buyers are buyers who have occupied the same home for 5 of the last 8 years.
This credit has been extended for our veterans serving in Iraq.
If you need the details to see if you qualify, give me a call.
1st-time buyers are buyers who haven't owned a home in the past 3 years. Repeat buyers are buyers who have occupied the same home for 5 of the last 8 years.
This credit has been extended for our veterans serving in Iraq.
Tuesday, March 16, 2010
44 days remain to take advantage of homebuyer tax credit
Only 44 days left to get an offer accepted on a property and take advantage of the $8,000 1st-time buyer credit or $6,500 repeat buyer credit. If you need to know if you would qualify, give me a call or send me an e-mail. Offers need to be accepted by April 30th and the loan must close by June 30th.
You can't get the money then buy, you have to apply for it after you purchase a home.
Have a great day!
You can't get the money then buy, you have to apply for it after you purchase a home.
Have a great day!
Monday, March 1, 2010
WHEDA zero-down loan available today
It's March 1st! The WHEDA FannieMae Advantage program came out today. Zero down, 30 year fixed rate for Wisconsin homes. 1st-time buyers (haven't owned a home in the last 3 years) or any buyer in a TARGET area. Rates change daily, but todays rate is 5.75% but that's with no mortgage insurance, no down payment, and only a $1,000 investment from borrower's own funds. Balance of closing costs and pre-paid expenses can be paid by the seller.
Just another program to help borrowers get in on the $8,000 1st-time buyer tax credit.
Call me for details. If you're not a 1st-time buyer, call me for the "target areas" to see if you can buy anyway.
Just another program to help borrowers get in on the $8,000 1st-time buyer tax credit.
Call me for details. If you're not a 1st-time buyer, call me for the "target areas" to see if you can buy anyway.
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