Mortgage Loans

An adjustable or fixed rate secured loan for the purchase or refinance of a house or primary and/or secondary residence. Competitive interest rates.

Homebuyer Tax Credits – Act Now!

Franklin Community Bank would like to help you take advantage of the homebuyer tax credit before it is too late.

 The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 with a binding sales contract signed by April 30, 2010).

 The Worker, Homeownership, and Business Assistance Act of 2009 extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.

 Contact Mortgage Lender, Debbie Scott at 540-489-3476 for more information and to see if you qualify.

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