If I do the FHA streamline refinance this year 2009 does that make my loan eligible for the 8000 tax credit?

Posted on Feb 7, 2013 in FHA Information

fha refinance
by marsmet526

Question by mustang: If I do the FHA streamline refinance this year 2009 does that make my loan eligible for the 8000 tax credit?
If I purchased my home in Dec. 2008 but I’m going to do the FHA streamline Refinance this year 2009, web visit this does that make my loan eligible for the 2009 $ 8000.00 tax credit?

Best answer:

Answer by v b
No, link You bought the house in 2008. You are possibly eligible for the $ 7500 LOAN.

Refinancing has *nothing* to do with this.

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One Comment

  1. Unfortunately the correct answer is no you would not be eligible for the tax credit. This tax credit is for first time home buyers or a buyer that has not purchased a home in the last three years. But if you can save at least two percent on your interest rate it is definitely worth doing the refinace. If you have any questions concerning Mortgages or credit situations feel free to contact me for free advice. I am the senior Credit Consultant for Trey Hall & Associates and a Credit Advisor / Financial consultant for American Mortgage Group Inc. , in Dothan, Alabama.
    – Trey Hall

    Contact Info:
    email: treyhall@graceba.net
    http://www.treyhall.com
    http://www.americanmortgagegroupinc.net