Question Details

Denise, Both Buyer and Seller in Oklahoma

First time home buyer qualifications

Asked by Denise, Oklahoma Tue May 5, 2009

I have never owned a home but spouse has. Loan was in their name only but my name was on deed. I am going to purchase a home. The loan will be in my name only. Would I qualify as a first time home buyer?

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Answers

1
Unfortunately,for a married couple,both spouses must be first time buyers. if your spouse has not owned a principal residence (owner occupied) in the last 3 years then you would be OK.
0 votes Thank Flag Link Tue May 5, 2009
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