8000 first time homebuyer credit prefunding loan: Tax Credit|Prefunding|$8000 federal first time homebuyer tax credit
- 05/18/09 04:41 AM
This is an email I received from a mortgage representative regarding receiving a "bridge type loan" on the federal tax credit: Hello, in response to many, many inquiries on this issue, we have confirmed that only specific entities can advance monies as a "bridge loan" against the $8000 federal first time homebuyer tax credit. Luckily, the NJHMFA is a participant in this program, and is currently offering up to a $5000 pre-fund loan against the tax credit that can be used for down payment http://www.state.nj.us/dca/hmfa/consu/buyers/ownprg/Here is the wording directly from their websiteTax Credit Loan Program - The NJHMFA "Prefund" Program Now … (0 comments)
This is an email I received from a mortgage representative regarding receiving a "bridge type loan" on the federal tax credit:;)
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