Current Home Lending Info Blog for Southern Nevada

While many have been motivated this year by the fact that the new plan has included the fact that, as first time home buyers (or at least someone who has not owned a home in the past 3 years), it has been great that, come tax time, you would receive this $8,000 gift. 

However, up until now, it has been just that...a tax rebate that you can take advantage of when doing your taxes and getting your rebate check.  However, it has been made public that the government is currently in the works to allow you to utilize the Governments Gift when purchasing a home?  So, what does this mean?  It means that, not long from now, we will soon be able to finance homes with an FHA loan up to around $225,000 without ANY MONEY OUT OF POCKET!!  For the first time in two years, we will finally find a way to put together a program that will allow you to Purchase a home with a ZERO DOWN!

This is going to do a lot for not only the the purchasing of homes across the entire country, but also right here in our community.    Hopefully it will shed some new light into our dark and gloomy reporting of the Las Vegas Valley. 

So...How do I go about getting this plan into action you ask?  Since it is still early, and there is no program for it yet, you can't.  But, within the next two days, I will be creating a registration page and a link or form on the front page at www.homeloansofnevada.com and putting it on all of my blogs that you can go there to register, and the second that it comes out, we will prepare prequalifications for your new homes, and get you set up with realtors to go out and take advantage of this Huge Opportunity!

Until then, look for more of the latest info from me, right here on the Vegas Loan Blog...

David J. Schwartz