Im i still up for the benefits of first home buyer?

You really should seek legal advise from a real estate attorney in your area, but if she added you after the purchase, I think you have a good case for still having your FTHB eligiblility requirements in tact....

When you are looking to buy a home, one of the factors an underwriter will consider is other properties you own. Once your name goes on your mom's property, you become an owner, and you must disclose this on your loan application. There is a strong probability that you will be required to include her payment in your debt servicing ratios. If the purpose of adding your name to title is to transfer it to you upon her death, you should consider a Beneficiary Deed, not a joint deed. A Beneficiary Deed keeps the property in your mother's name and upon her death, the property is transferred to the Beneficiary named in the document (like you for example). Because it is so easy to make a mistake that has long term consequences, I strongly urge your mother to seek legal counsel from a Real Estate Attorney. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

I should add, once your name goes on title, you are no longer a first time homebuyer, because you own another home (with your mother).~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com