A word of caution you will need more than 1000.00 to buy a 100,000.00 house. There are things like ernest money, application fee for the loan, appraisal, WDI inspection, and whole home inspection that need to be paid for before you get your loan.
You can also do a USDA loan in a lot of the areas around Fostoria. I have some clients right now that are buying with a USDA loan in SW Ohio and they may not have to come out of pocket for any closing costs including their first year of property insurance.
No , they were going to and then they changed their minds. You can add it to the down payment above the down payment that is required but that is just a big headache.
You can however apply for the credit during the year, you do not have to wait until the end of the year to file.