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1890 Commerce Street
Milwaukee, Wisconsin
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The Edge Gets FHA Approval

October 2008

The Edge is the only NEW downtown Milwaukee condo building which is FHA-approved. Qualifying buyers only need a 3% down payment to purchase their new home!!!**

Qualification is also easier and FHA loans have many advantages:

No minimum credit score
Low downpayment
Non occupant coborrower is allowed
Expanded qualifying ratios
No prepayment penalties
Low interest rates
Low closing costs
Assumable loans
Gift funds are allowed

Contact Mark Roegner with Wells Fargo at 414-224-4736 for details on FHA financing.

TAX CREDIT FOR BUYERS

A new federal home buying incentive has made it easier than ever to become an homeowner by giving first-time buyers a tax credit of up to $7500*.

With a tax credit, you subtract the credit amount from your total income tax owed. So if you owe $1,500 and you qualify for the credit, you would end up getting a $6,000 refund. Like an interest free loan the tax credit is then repaid in equal installments over 15 years.

The tax credit expires soon so act now to get the tax credit on your next tax return.

* Consult your tax advisors for details regarding income limits and other conditions for the federal housing tax credit.
** This is not an offer for specific FHA financing terms. Qualification and terms may vary. Please consult your lender for details.

Now is the perfect time to buy at The Edge.