First Time Homebuyer Mortgage Credit Certificate Program
Mortgage Credit Certificate (MCC) Program How Does it Work? If you apply for an MMC loan / mortgage you are eligible for 20% of your annual mortgage interest as a direct federal tax credit, resulting in a dollar for dollar reduction of your annual federal income tax liability. The remaining 80% of your annual mortgage.. read more →
First-Time Homebuyer Credit: Military and Certain Other Federal Employees
Hawaii First Time Homebuyer Credit for Military Extended to 2011 There are new benefits for members of the military and certain other federal employees: Members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. Thus, an.. read more →
2013 Military BAH Rates in Hawaii
2013 Military Housing Allowance (BAH) Rates in Hawaii Military Housing Allowance (BAH) for Hawaii If you’re thinking of buying OR selling a home anywhere in Hawaii (or the US), call me at 808.723.0900 or send an email by clicking here or to frank@hawaiihome.biz. I moved 18 times while on active duty, so I know what a PCS.. read more →
Hawaii First Time Home Buyer – Federal Programs
Federal Government Home Buying Programs Federal Housing Administration (FHA) FHA Loan for Purchase or Refinance on Principal Residence FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. FHA loans have historically allowed lower income Americans to borrow money for the purchase of a home that they.. read more →
2012 Military Housing Allowance (BAH) Rates for Hawaii
2012 Military Housing Allowance (BAH) Rates in Hawaii Military Housing Allowance (BAH) for Hawaii ** 2012 Military Basic Housing Allowance (BAH) for Hawaii (NOW Available) ** UPDATE 12/15/2011 (Click Here for pdf version of 2012 BAH Component Breakdown for All Locations, click on pdc-archive then pdf) or below for calculators. If you’re thinking of buying.. read more →
800,000 Federal Government Workers Await Word on Shutdown and Furcation
Nationwide 800,000 Federal Employees and Thousands of Contractors Could be Furloughed Government shutdown 2011: Will I get paid? What will be open? What can I expect? The Office of Personnel Management (OPM) has created a document to address some of the questions that I know must be on your mind. The document can be accessed.. read more →