Monday, July 27, 2009

100% Financing Available For First Time Homebuyers!

There is great news for first-time home buyers in the mortgage market today!

FHA is currently permitting First Time Homebuyers to use their $8000 tax credit as a down payment on a new or resale home! Previously, buyers had to wait to file their taxes to take advantage of this tax credit, which hindered some home buyers from buying.

By allowing buyers to utilize the tax credit as a down payment funds, money will now be freed up for the buyer that would otherwise be needed at closing. This will allow the first-time home buyer to save their money for a rainy day or for home improvements.

At CalTex Funding, we are excited about the introduction of this new program and believe it will further help to stimulate the already improving real estate market!

There currently is no better time to buy a home as interest rates are at an all time low, home prices are great, and there are many great homes to choose from today!

If you are a first-time home buyer, contact CalTex Funding at http://www.smartloandecision.com or give us a call @ (281)451-0383, but hurry becuase this 100% financing program expires in November!

Welcome To The CalTex Funding Blog

Welcome to the CalTex Funding Blog! Please stay tuned as we will be posting exciting new mortgage related news and information on this blog on a regular basis!

Thank you for visiting and we look forward to hearing from you!