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NEW: Enhanced Tax Credit Provides Outstanding Opportunity for First-Time Homebuyers

The American Recovery and Reinvestment Act of 2009 provides a tax credit up to $8,000 for first-time homebuyers. Here are some key items:

  • Allowed for first-time homebuyers only
  • The 2009 tax credit does not have to be repaid if you stay in your home for at least 3 years
  • The 2009 tax credit is equal to 10% of the home's purchase price up to a maximum of $8,000
  • The 2009 tax credit is available for homes purchased on or between January 1, 2009 and December 1, 2009
  • Available for Single tax payers with incomes up to $75,000 and married couples with income up to $150,000 qualify for the tax credit.

Please visit www.irs.gov for additional and updated information on this exciting opportunity for First-Time Homebuyers.

Please consult with your tax advisor to determine if this program is right for you.

 

  • DREAMING OF OWNING YOUR OWN HOME? 
    Let BancorpSouth help turn your dreams into reality! With our comprehensive list of available financing options, we will help you to choose the type of loan that is right for you. We understand the process of obtaining a mortgage and the anticipation of buying a home.
  • BUYING YOUR HOME SHOULD NOT BE A HASSLE!
    BancorpSouth believes that buying a home should be exciting, fun, and easy! We will work hard to provide you with excellent service, competitive rates, and the opportunity to work with the best!
  • EASY HOME MORTGAGES
    Because BancorpSouth believes that buying your home should be exciting, fun, and easy, we are proud to offer Easy Home Mortgages. We are determined to make the Application, Closing, and Payment processes easy for you.

 

Apply Now

 

Regulation E Disclosure

VerisignEqual Housing LenderMember FDICDigital Insight, an Intuit company
Insurance and Investment products are:
Not a Deposit – No Bank Guarantee – Not insured by FDIC or other Government Agency
Not a Condition of any Bank Loan, Product or Service
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