Attention First-time Homebuyers:
Put the Newly Enacted Tax Credit Legislation To Work for You!
Thinking about buying your first home? Good news—now may be a great time to make your move!
For a limited time, qualified first-time homebuyers may receive a tax credit up to $8,000 as part of the American Recovery and Reinvestment Act of 2009.
If you plan to live in the home as your primary residence and have not owned a home during the past three years, you may qualify for the tax credit. As long as the home remains your primary residence for at least three years, you will not have to repay this tax credit.
Learn More About the Tax Credit
· Available to first-time homebuyers
· Credit amount up to $8,000
· Eligible for homes purchased on or after January 1, 2009 and before December 1, 2009
· Available on single-family detached homes, townhomes, and condominiums—newly constructed or pre-existing homes
· The tax credit does not need to be repaid unless the home is sold within the first three years after purchase
Get Started Now
Take your first step by talking to your tax advisor for more information and then to a Wells Fargo home mortgage consultant for a PriorityBuyer® preapproval¹.
You may be able to buy your first home sooner than you thought possible—call the NEA Home Financing Program at 1-800-NEA-4YOU (1-800-632-4968).
NEA $200 Gift Card Bonus
Receive a $200 gift card when you close a new mortgage or refinance with Wells Fargo Home Mortgage². Be sure to mention you are an NEA member at application!
¹PriorityBuyer® preapproval is based on our preliminary review of credit information only. We will be able to offer a loan commitment upon verification of application information, satisfying all underwriting requirements and conditions, and providing an acceptable property, appraisal, and title report. Please consult your tax advisor.
²To qualify for the $200 gift card, you must close on any purchase or refinance loan, secured by a first mortgage or deed of trust through the NEA Home Financing Program® with Wells Fargo Home Mortgage. The reward will be redeemable for gift card(s) of your choice from a list of participating merchants. A current merchant list can be obtained by calling 1-800-765-4438 or by going to www.hallmarkinsights.com/corp/redeem.html. This promotion and other benefits through the NEA Home Financing Program cannot be combined with any other program or promotion. The $200 gift card is not available for assumption or modification loans, loans originated through brokers, joint ventures or other third parties, home equity loans or home equity lines of credit. Contact your mortgage consultant for additional details, including its current availability, terms and conditions. The $200 gift card is administered by Hallmark Insights, which is not affiliated with Wells Fargo Home Mortgage and may be withdrawn at any time without notice. This information is accurate as of the date of printing and is subject to change without notice. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2009 Wells Fargo Bank, N.A. All rights reserved. #65164 6/09-9/09