down payment assistance: Use your $8,000 Tax Credit Now!
- 06/01/09 06:55 AM
May 29th U.S Housing and Urban Development Secretary (HUD) Shaun Donovan announced that the $8,000 tax credit offered through the American Recovery and Reinvestment Act of 2009 can now be used towards the 3.5% down payment OR closing costs for FHA loans! The tax credit currently only could be accessed after the purchase of the home, but this new revision will allow first time home buyers to immediately put their credit to work towards the purchase of the home. This new found flexibility will open up doors for even more first time home buyers who were struggling to save the initial … (0 comments)
May 29th U.S Housing and Urban Development Secretary (HUD) Shaun Donovan announced that the $8,000 tax credit offered through the American Recovery and Reinvestment Act of 2009 can now be used towards the 3.5% down payment OR closing costs for FHA loans! The tax credit currently only could be accessed after the purchase of the home, but this new revision will allow first time home buyers to immediately put their credit to work towards the purchase of the home. This new found flexibility will open up doors for even more first time home buyers who were struggling to save the initial … (0 comments)
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