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View Full Version : Owners' holding mortgage


dfritze
Mar 16, 2010, 06:45 AM
Can I get the 1st time homeowners tax credit if I buy a home and the owner holds the mortgage?

ebaines
Mar 16, 2010, 07:18 AM
Yes - the mortgage has nothing to do with it. For example you could buy the house with cash - and have no mortgage at all - and still qualify for the credit.