The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit through April 30, 2010.
- Qualified first-time home buyers can receive a $8,000 first-time home buyers credit when a principal residence is purchased. Your first home may be closer than you think!
- Current homeowners purchasing a new home can receive a tax credit up to $6,500.
- Eligible home buyers must have owned or resided in a home for at least five
consecutive years of the eight prior years
- Must be purchasing a principal residence.
San Mateo Credit Union has the mortgage product to fit your needs. Click here to apply today. Or, for additional information, contact your local Real Estate specialist at 650-363-1799.
For more information on income limits and frequently asked questions, visit http://www.federalhousingtaxcredit.com/