Promotion

Macon Bank Is Proud To Announce That We Are Still Making Loans!

If you are looking to buy, build or refinance we have home loan products that can offer up to 100% financing* for qualified borrowers on both a purchase or refinance. Now is a great time to buy or build. Don't let these geat financing options slip on by you. Take time to speak with one of our loan officers today!

(*30 year term maximum / Income and loan limits apply / Manufactured housing is ineligible)

Take Advantage of the Government's First-Time Homebuyer Tax Credit Too!

The Treasury Department introduced an expanded first-time homebuyer tax credit as part of the American Recovery and Reinvestment Act of 2009.  This initiative has been greatly improved since its beginnings with the former Administration.  It is the goal of the Treasury to allow more first-time homebuyers to enter the housing market in 2009.

Amount of Credit
The lesser of:
• $8,000 (if filing jointly); OR
• 10% of the purchase price of the home

Repayment of Credit
Repayment is not required unless the home ceases to be your main home within 36 months from the purchase date.  This includes the sale of your home, conversion to rental property, or specific instances under threat of condemnation.  (Certain exceptions to the repayment rule may apply.)

Who is eligible?
You are eligible if:
• You purchased your main home located in the US before 12/01/2009. 
• You (and your spouse if married) did not own any other main home for 3 years preceding the date of purchase.
• New constructions of main homes are eligible based on the date of occupancy.

Stop by your local branch to speak to a loan officer or call our Telephone Service Center at 800-438-2265 for more information.