Friday, January 1, 2010

First Home Program If I Buy An Investment Property In Cash. Can I Still Qualify For A First Time Home Buyer Program For A Home.?

If i buy an investment property in cash. can i still qualify for a first time home buyer program for a home.? - first home program

except for a cash purchase as an investment property, buy a house as a residence program with a first home buyer.

3 comments:

cktawney said...

JP

The only way to find out is to apply.

More and detailed information on all loan applications. Do they not as investment property is bank fraud.

Most of the participants can apply for a letter to the statements as investment property and copies of their tax returns to see if you try to actually deliver on the property as an investment.

After, what I found, 3% loan programs available for you.

When in doubt, error on the side of honesty.

Good luck.

aoverton... said...

Probably because the capital does not appear in your credit report. However, it is necessary to pass the vacation property to your application, so you can nix that. It can be exempted from the application to the MERS and you see your name in the title.

Doctor Deth said...

Probably because they do not live in the investment property

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