Here are the guidelines for using the $8,000 tax credit for Virginia FHA first time homebuyers.
Qualifications to receive the $8,000 tax credit:
The benefit is that you do NOT have to pay it back – basically it is a gift to you as long as long as you own the property for at least 3 years.
Make sure you fill out the 5405 IRS First Time Homebuyer Credit Form and submit with your tax returns.
Now is a great time to get qualified with your lender and take advantage of the $8,000 tax credit for Virginia FHA First Time Homebuyers!
Naoma Doriguzzi
New American Mortgage
(757) 971-2876
*This is not an offer to lend. 
Obama Refinance Plan For San Jose Homeowners AnnouncedHome Affordable Refinance Program Update Harp 2 Bay Area San Francisco California March 2012 Guidelines for Purchasing a 3 to 4 Unit Property with FHA Financing in Alameda, CA8 Year Fixed to 30 Year Fixed. You Can Choose Your Loan Term In San Jose
