You're Now Reading:
Military First Time Homebuyer’s Tax Credit Still Available
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Military First Time Homebuyer’s Tax Credit Still Available
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Military First Time Homebuyer’s Tax Credit Still Available
Mortgage Calculator
Mortgage Rates
Home Buying Tips
Home Selling Tips
About Mortgages
Mortgage Calculator
Mortgage Rates

September 28 2010 (Shirley Allen)

If you are a member of the military or a federal employee, as well as they spouses, who served outside the continental United States for at least 90 days during the period of January 1, 2009 through April 30, 2010, then you may still be eligible for the first Time Buyers Tax Credit.

The deadline has been extended for one year and the tax credit can be utilized on mortgage loans for an FHA, VA, or conventional loan.

If you purchase (or enter into a binding contract to buy) your home on or before April 30, 2011, you can claim your tax credit when filing your tax paperwork for 2010. The current rules forbid you to amend your 2009 return to make the claim when the home was purchased between those dates. If you take out an FHA, VA or conventional home loan and close on the house in 2011 you can claim the tax credit on either your 2010 or 2011 income tax. To claim your tax break on your 2010 taxes, you may be required to file a paper tax return instead of an e-filed version. Check with your tax preparer or the IRS for more information.

The First Time Homebuyer’s Tax Credit program has income requirements for single and married buyers. If you are taking out an FHA, VA or conventional mortgage as a single person, your income must be no more than $125,000 per year to qualify for the full tax credit. Married borrowers must make no more than $225,000 per year. If you make $145,000 per year as a single person, you are eligible for a partial tax credit under the program. Married taxpayers who make no more than $245,000 a year are also qualified for partial credit

For further information consult your real estate agent as well as your lender prior to determining your eligibility. Some IRS restrictions apply and can be seen at www.IRS.gov.

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

September 28 2010 (Shirley Allen)

If you are a member of the military or a federal employee, as well as they spouses, who served outside the continental United States for at least 90 days during the period of January 1, 2009 through April 30, 2010, then you may still be eligible for the first Time Buyers Tax Credit.

The deadline has been extended for one year and the tax credit can be utilized on mortgage loans for an FHA, VA, or conventional loan.

If you purchase (or enter into a binding contract to buy) your home on or before April 30, 2011, you can claim your tax credit when filing your tax paperwork for 2010. The current rules forbid you to amend your 2009 return to make the claim when the home was purchased between those dates. If you take out an FHA, VA or conventional home loan and close on the house in 2011 you can claim the tax credit on either your 2010 or 2011 income tax. To claim your tax break on your 2010 taxes, you may be required to file a paper tax return instead of an e-filed version. Check with your tax preparer or the IRS for more information.

The First Time Homebuyer’s Tax Credit program has income requirements for single and married buyers. If you are taking out an FHA, VA or conventional mortgage as a single person, your income must be no more than $125,000 per year to qualify for the full tax credit. Married borrowers must make no more than $225,000 per year. If you make $145,000 per year as a single person, you are eligible for a partial tax credit under the program. Married taxpayers who make no more than $245,000 a year are also qualified for partial credit

For further information consult your real estate agent as well as your lender prior to determining your eligibility. Some IRS restrictions apply and can be seen at www.IRS.gov.

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

September 28 2010 (Shirley Allen)

If you are a member of the military or a federal employee, as well as they spouses, who served outside the continental United States for at least 90 days during the period of January 1, 2009 through April 30, 2010, then you may still be eligible for the first Time Buyers Tax Credit.

The deadline has been extended for one year and the tax credit can be utilized on mortgage loans for an FHA, VA, or conventional loan.

If you purchase (or enter into a binding contract to buy) your home on or before April 30, 2011, you can claim your tax credit when filing your tax paperwork for 2010. The current rules forbid you to amend your 2009 return to make the claim when the home was purchased between those dates. If you take out an FHA, VA or conventional home loan and close on the house in 2011 you can claim the tax credit on either your 2010 or 2011 income tax. To claim your tax break on your 2010 taxes, you may be required to file a paper tax return instead of an e-filed version. Check with your tax preparer or the IRS for more information.

The First Time Homebuyer’s Tax Credit program has income requirements for single and married buyers. If you are taking out an FHA, VA or conventional mortgage as a single person, your income must be no more than $125,000 per year to qualify for the full tax credit. Married borrowers must make no more than $225,000 per year. If you make $145,000 per year as a single person, you are eligible for a partial tax credit under the program. Married taxpayers who make no more than $245,000 a year are also qualified for partial credit

For further information consult your real estate agent as well as your lender prior to determining your eligibility. Some IRS restrictions apply and can be seen at www.IRS.gov.

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.