First Time Homebuyer Tax Credit Loan Program "Prefund" Smart Start Live Where You Work (LWYW) Police and Firemen's Retirement System (PFRS) Mortgage Program ________ 100% Financing Purchase/Rehab and Refi/Rehab Mortgage Program Home Plus At Home Downtown Mortgage Program HOPE Program Homeownership for the Developmentally Disabled Homeownership for Adopting Families

Tax Credit Loan Program - The "Prefund" Program

Now Available Up to $5000.00 Pre-Fund Stimulus Rebate!

The First-Time Home Buyers Tax Credit Loan (“TCLP”)  Program provides a loan to pay downpayment and/or closing costs to Agency  Home Buyer Program first-time  home buyers  who meet all of the requirements of the Home Buyer Program and who are eligible for the credit as permitted by the federal law establishing the credit and the  guidance provided by the IRS  in the General Instructions that accompany IRS Form 5405 and  who apply for a TCLP loan on or after April 8, 2009 and close on the home purchase between April 8, 2009 and December 1, 2009. The TCLP loan will not exceed $5,000 ($4,000 in the case of married filing separately) and will be secured by a second mortgage.  The borrower will pledge to apply  the refunds received from the first-time home buyer tax credit toward the repayment of the TCLP loan. 

First Time Homebuyer Program

First Time Homebuyer Interest Rate - 5.625% with 0 points - 30 years!

A below-market, fixed interest rate is offered to first-time home buyers and urban area buyers. Down payments of as little as three percent are required and must come from the borrower's own assets. Loans are 30-year fixed rate. Certain closing costs can be gifted by family members, non-profit organizations or government agencies. Debt to income ratios are as high as 33 percent (housing debt, i.e., mortgage, taxes, insurance) and up to 38 percent (total monthly debt load).