Erica Winn, REALTOR

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Erica Winn
(804) 683-4723

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Don't have a lot of cash on hand, but want to invest in your first home? There is a way. Take a look at the VHDA Tax Credit Plus Loan.

 

FOR IMMEDIATE RELEASE

June 10, 2009 

VHDA LAUNCHES HOMEBUYER TAX CREDIT PLUS LOAN PROGRAM

Second Mortgage Offers No Payments or Interest for First Year;

Covers Down Payment and Closing Costs

June 10, 2009 

VHDA LAUNCHES HOMEBUYER TAX CREDIT PLUS LOAN PROGRAM

Second Mortgage Offers No Payments or Interest for First Year;

Covers Down Payment and Closing Costs

RICHMOND, VA - One of the biggest obstacles facing first-time homebuyers is gathering the funds for the down payment and closing costs. To help prospective homebuyers meet this challenge, the Virginia Housing Development Authority has designed a new loan program – Homebuyer Tax Credit plus. VHDA Homebuyer Tax Credit Plus Program Features

  1. Affordable fixed-rate financing on both mortgages
  2. 0% intereston the second mortgage for the first year
  3. on the second mortgage for the first year
  4. No payments required on the second mortgage for the first year
  5. required on the second mortgage for the first year
  6. Maximum second mortgage loan amount – up to 5% of sales price (no cash back)
  7. Loan must close no later than Nov. 30, 2009

- One of the biggest obstacles facing first-time homebuyers is gathering the funds for the down payment and closing costs. To help prospective homebuyers meet this challenge, the Virginia Housing Development Authority has designed a new loan program – Homebuyer Tax Credit plus. VHDA Homebuyer Tax Credit Plus Program Features
  1. Affordable fixed-rate financing on both mortgages
  2. 0% intereston the second mortgage for the first year
  3. on the second mortgage for the first year
  4. No payments required on the second mortgage for the first year
  5. required on the second mortgage for the first year
  6. Maximum second mortgage loan amount – up to 5% of sales price (no cash back)
  7. Loan must close no later than Nov. 30, 2009
  • Affordable fixed-rate financing on both mortgages
  • 0% intereston the second mortgage for the first year
  • on the second mortgage for the first year
  • No payments required on the second mortgage for the first year
  • required on the second mortgage for the first year
  • Maximum second mortgage loan amount – up to 5% of sales price (no cash back)
  • Loan must close no later than Nov. 30, 2009
  • For more information, visit www.vhda.com



    I recommend you call Scott Whittle with Presidential Mortgage at 804-586-4653 with any questions or assistance with this program. 
    Thu, September 17, 2009 | link


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    I am a full time, full service, REALTOR® specializing in the Richmond Metro and surrounding areas.  Whether you are looking to buy, sell or invest in residential land, new construction or resale properties, it would be my pleasure to offer assistance for all your real estate needs.

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    Harris & Associates, Inc. * 16401 Harrowgate Rd. * Chester * VA * 23831 Mobile: (804) 683-4723 Office: (800) 249-0491 Ext:122 Fax: (866) 898-4723 Email: ericasellsforyou@yahoo.com

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