Mobile Mortgage News

$8000 First Time Home Buyer Tax Credit as a Down Payment Loan: Not Happening Yet

posted 157 weeks ago on Ameristar Mortgage Blog: Brian Collins

Quick update on the $8,000 FHA Tax Credit Loans for down payment - the offer is off of the table, for now, and all information was taken off of HUD's website. Now HUD has pulled/rescinded their Mortgagee Letter 9-15 which allowed tax credit loans. They are apparently analyzing the issues with it. IMPORTANT REMINDER : Just because [...]
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