when does the $8000 credit end? Is it possible they might extend?

1.- The expiration of the tax credit. If someone is not under agreement by the end of April then they will not qualify. There are no signs pointing to an extension of the tax credit at this point. 2.- The Fed will stop buying mortgage backed securities at the end of March. For those of you who have read my previous emails and Blogs about this subject, you know that the Fed is the single largest investor in the Mortgage Backed Securities(MBS) that are used to set Mortgage rates. Once they pull out of that market at the end of March there is an expectation that we will see rates rise. 3. - As for the type of loan you can qualify for we have programs that will finance up to 100% and other programs that work with as little as 3.5 % down.We are a Mortgage Bank and Licensed in the State of California you can fill out a quick pre-qualification form online or feel free to contact me directly. Loan pre-qual can be found on my website WWW.FHASUBMISSIONS.COM or you can reach me at (310) 984-0496. Thanks a lot !!! Jeffrey Martino Young

Hello.You need to have an accepted offer and purchase contract by April 30th. the purchase needs to close by June 30th.FHA loan would be your best option for Low downpayment. we have the ability to close FHA loans very quickly. please feel free to contact me at your earliest convenience to get PRE-APPROVED for a home loan. 219-865-4000 ask for Kevin. Baytree Lending Company - 219-865-4000 -www.LocalMortgageBank.com