Tax credit saves tens of thousands for Central Ohio 1st time buyers

As if it wasn’t great enough having the feds giving 1st time buyers $8,000, now I have a program available that give buyers a yearly tax credit of up to $2,000 every year they have a home loan. The tax credit is 20%-30% of your yearly mortgage interest.
Rates today are currently 4.875 – 5.00% with No points for conventional and FHA financing.
A recent example:
· $150,000 loan amount
· 5% rate for 30 yr fixed rate FHA purchase
· Total credit over the life of the loan was $27,983

This was over and above the $8,000 federal stimulus check they received.

There are income and property limitations but every 1st time buyer should apply (at no cost of course).

Brent Diebert
The Arlington Bank
Office 614-486-3843
Mobile 614-571-3554

Ohio beats Florida down payment assistance

As the state of Florida works to get residents and advance the $8,000 stimulus funds the Federal Government is offering** see (http://www2.tbo.com/content/2009/apr/18/na-state-eyes-plan-to-aid-homebuyers/news-politics/)  I have it available for the residents of Ohio. 

 

Get an advance on your federal stimulus to use as down payment for your first home.

 

Don’t need assistance with down payment, I can also offer 1^st time homebuyers an additional tax credit of up to $2,000 every year you live in the home.  Email me for all the information.  BrentDiebert@Arlingtonbank.com

 

Brent Diebert

Mortgage Lending Professional

The Arlington Bank

Office:       614-486-3843

Mobile:     614-571-3554

 

1st Time Homebuyers Advance on $8,000 Stimulus

This IS what you have been waiting for!


I now have the avaibility to advance 1st time homebuyers 3% down payment money to purchase a home today. With FHA financing this means that I can offer a first mortgage of 96.5% of the purchase price, a second for an additional 3% of the purchase price and the seller can pay all the closing costs and pre-paids. Buyer's down payment of 1/2% can still be a gift from a family member. So for $1,000 investment buyer can purchase a $200,000 home.

Income and property limits apply so contact me for the details.

Brent Diebert
BrentDiebert@Arlingtonbank.com
Mortgage Lending Professional
The Arlington Bank
Office: 614-486-3843
Mobile: 614-571-3554