and from the IRS.... http://www.irs.gov/newsroom/article/0,,id=187935,00.html
I think it may help you understand what is going on, it is not as simple as some would like you to think as there are requirements and limitations. Plus just because Fha says lenders can do something doesn't always mean lenders/banks will.
Good luck, Dunes " No spam please! When in doubt, please refer to our Community Guidelines."
I would be glad to be of assistance to get you moving.
Mika D. Lisiewski
Century 21 Alliance
630 Germantown Pike
Lafayette Hill, PA 19444
office: 610-828-2700 ext. 275
Licensed in PA RS308999
You also qualify if you haven't owned a home in the past 3 years.
We speciaize in working with 1st time home buyers, feel free to give me a call so that I may explain the other particulars of this program and email a list of homes that fit your needs and wants.
Judi Wolfson, ABR CRS