Federal Stimulus Package...helping you to get moving:
With President Obama’s signing of The American Recovery and
Reinvestment Act of 2009 it truly has never been a better
time to buy a quality new home from America’s leader in
customer satisfaction. Ironwood Homes is here to help you
understand this new incentive and how it may benefit you.
The American Recovery and Reinvestment
Act of 2009
ENHANCED HOME BUYER CREDIT
• Up to $8,000 tax credit for first-time home buyers. The
law defines a first-time buyer as anyone who has not owned a
home in the last three years.
• Changes to the Federal Housing Authority (FHA) rules
increases the maximum loan limits the FHA will insure. See
your sales associate for more information.
• FHA loans require only 3.5% down payment and that money
can come from family members, employers or charitable
organizations. See your sales associate for more
information.
• You don’t have to have a perfect credit score to qualify
for an FHA loan. In fact, even with some credit problems,
it’s easier to qualify for an FHA loan than a conventional
loan. See your sales associate for more information.
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