$8000 First Time Home Buyer Tax Credit can be used for Down-payment?

Is Zero-down back for Lake Mary’s First Time Home Buyers?  Could be.  This is the next best news to working with Florida’s #1 FHA Mortgage Broker.  This info was released right at the close of business yesterday – getting it to you ASAP!

Hot off the press!

4:47 PM ET -  Shaun Donovan, secretary of the U.S. Department of Housing and Urban  Development, said that the Federal Housing Administration [FHA] is going to permit its  lenders to allow homeowners to use the $8,000 First Time Home Buyer Tax Credit as a down payment.  According to Donovan, the FHA’s approved lenders will be permitted to ‘monetize’  the tax credit through short-term bridge loans. This will allow eligible home  buyers to access the funds immediately at the closing  table.

For more information on this email me, or call me at 407 377 0500 x 210.  Or, you can get prequalified now with the online mortgage application.