by The 2 Mortgage Guys | Jun 12, 2015 | First Time Homebuyers, Indiana Mortgage Blog, Tips
First off…what does the term “pre-approval” mean? Pre-approval means that the lender is confident that you can make the necessary down payment and that your income is sufficient to cover the mortgage payments. At this stage, only one concern remains. The lender...
by The 2 Mortgage Guys | Mar 15, 2010 | First Time Homebuyers, General News & Information, Government, Indiana Mortgage Blog
Homebuyer Tax Credit Update! On November 6, 2009, President Obama signed a bill to extend the tax credit for first-time homebuyers (FTHBs) through June 30, 2010. The bill also opens up opportunities for others who are not buying a home for the first time. To learn...
by The 2 Mortgage Guys | Nov 4, 2009 | First Time Homebuyers, General News & Information, Government, Indiana Mortgage Blog
The Senate today voted unanimously Wednesday night to extend the $8,000 tax credit for home buyers beyond its scheduled November 30, 2009 expiration date. The credit would be available until April 30, 2010. Under the new legislation the credit will also now apply to...