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Who qualifies for a “Displaced Homemaker” waiver of the first-time homebuyer requirement?

April 26, 2017first-time homebuyer qualifies requirement waiver

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Who qualifies for a “Displaced Homemaker” waiver of the first-time homebuyer requirement?

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This waiver may apply to someone who has owned residential property within the most recent three year period if they owned the property with a spouse and the property had to be sold as a result of a divorce. Documentation would have to be presented to verify qualification for a waiver.