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8000 tax credit down payment: $8000 Tax Credit To Be Eligible To Be Used For Downpayment? - 05/13/09 03:08 PM
Can you use the 8000 tax credit as a down payment for your home? Not yet. But that may change soon. Yesterday, Secretary of Housing and Urban Development Shaun Donovan gave a prepared speech at the National Association of Realtors Real Estate Summit. He said something that was probably beyond interesting when he mentioned that FHA was currently working on a proposal that may involve people being able to use the 8000 tax credit as a down payment. An excerpt from that speech regarding FHA's position on the 8000 tax credit being used as a down payment: And we are taking … (0 comments)

 

Justin McHood

Chandler, AZ

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Academy Mortgage Corporation

Address: 5304 E. Southern Ave, Suite 101, Mesa, AZ, 85206

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