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Westerly Community Credit Union helps eligible first-time homebuyers
receive up to $2,000 each year! 

The Westerly Community Credit Union is an approved lender participating in the FirstHomes Tax Credit program from Rhode Island Housing. The FirstHomes Tax Credit program provides qualified first-time Rhode Island homebuyers, and those buying in targeted areas of the state, with a mortgage credit certificate which can be used as a dollar-for-dollar tax credit for up to $2,000 against their federal tax liability for the life of the loan. All eligible WCCU first-time homebuyers are able to apply.

The FirstHomes Tax Credit:
• Offers extra tax savings for eligible borrowers
• Reduces a borrower's federal tax liability
• Can be claimed each year for the life of the loan
• Is also available to eligible, non first-time homebuyers in the targeted areas of: Providence, Pawtucket, Central Falls and Woonsocket

The FirstHomes Tax Credit is available for a limited time! Applications are taken on a rolling basis and the program will continue until the end of 2015 or until the maximum available issuance is reached.In addition, Westerly Community Credit Union is offering a free appraisal*, as well as low fixed and adjustable rates for first time borrowers.

Jackie Meneo, Westerly Community Credit Union's Director of Retail Lending recently stated, "Westerly Community Credit Union is very excited to be participating in this program. The FirstHomes Tax Credit program is a great opportunity and incentive for first-time homebuyers to make their dream of owning a home a reality."
For complete eligibility requirements for the FirstHomes Tax Credit program, please call Westerly Community Credit Union today at 401.596.7000.

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