Joke of the Day: Need Samples
An old man goes to the doctor for his yearly physical, his wife tagging along. When the doctor enters the examination room, he tells the old man, “I need a urine sample, a stool sample and a sperm sample.” The old man, being hard of hearing, looks at his wife and yells: “WHAT?” “What did he say? What’s he want?” His wife yells back, “He needs your underwear.” “““““ Online Sweepstakes : eSweeps.com |
Contact: David Brandt, HFA Executive Director (561) 233-3652
20% annual federal income tax credit for the life of your home loan
The Palm Beach County Housing Finance Authority (HFA) has made available a federal mortgage credit certificate program, the Mortgage Saver Program, to help reduce home loan financing costs for qualified first-time homebuyers of a new or existing home in Palm Beach County. The program begins Nov. 16, 2010 and ends Dec. 30, 2012 or when the credit allocation is exhausted.
The Mortgage Saver Program entitles the new homeowner to a federal income tax credit equal to 20 percent of mortgage interest paid each year for the life of the mortgage loan as long as the home remains their principal residence. This federal income tax savings from the Mortgage Saver Program increases a home buyer’s income allowing them to qualify for a mortgage loan they might not otherwise have been able to obtain, or an increased loan amount for a larger home. A loan officer at one of the participating lending institutions listed below can prequalify you for a first mortgage loan and determine if or how the Mortgage Saver Program can provide a benefit.
The first mortgage loan (FHA/VA/RD/Fannie Mae/Freddie Mac conforming 30-year fixed rate only) will be made by the participating lender, and market interest rates and customary fees will apply. The maximum income limits for qualified homebuyers are $90,480 for a one- and two-person household and $105,560 for households of three or more persons. The maximum purchase price of the home cannot exceed $381,375.
The HFA is also offering through some of the participating lenders a limited number of 30-year down payment/closing cost assistance (DPA) second mortgage loans under the Mortgage Saver Program in an amount not to exceed $5,000 with deferred simple interest at 3 percent per annum due upon maturity, sale, refinance or repayment of the first mortgage loan.
Add comment November 13th, 2010
Interim City Manager Lori LaVerriere's chances to get the job outright all but vanished Tuesday night.
A Florida Power & Light Co. employee has been taken to a hospital this evening after suffering severe electrical burns to his hands and arms, Palm Beach County Fire-Rescue said.
Palm Beach County Altman, Hyman , 92, of Delray Beach, died Tuesday. Beth Israel Memorial Chapel, Delray Beach.
