If we assume a loan will we still qualify for the first time home buyer credit?

Maria
Home Buyer
Villa Rica, GA

Answers (1)
Fred Glick,Prin...
Broker
Philadelphia, PA
FIRST ANSWER

Hi Maria,


The financing that you use to buy the home and the tax credit are mutually exclusive.

As long as your qualify the credit based on income, closing date and first time buyer status, you are good!

Web Reference: http://fredglick.com
Sun Mar 8 2009, 12:24

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