Comments on: Stop the Presses! Tax Credit Use for FHA Downpayment NOT an Option!

By: Things Every Orlando First Time Home Buyer Should Know | Florida Mortgage Blogger

Wed, 27 May 2009 18:23:41 +0000

[...] FHA borrowers to use a bridge loan to help cover down payment and closing costs. However, the tax credit loan option announcement proved premature, as HUD had not yet finalized the method by which this is to take place. Stay [...]

By: Orlando Florida First-Time Home Buyer FAQs | Orlando Florida Mortgage

Orlando Florida First-Time Home Buyer FAQs | Orlando Florida Mortgage — Wed, 27 May 2009 15:58:09 +0000

[...] loan of sorts against their tax credit to cover down payment and closing costs. However, the tax credit loan option proved premature, as HUD had not yet finalized the method by which this is to take place. Stay tuned, as I will [...]

By: Orlando FHA Home Buyers May See Tax Credit Loan Option Soon | Orlando Florida Mortgage

Wed, 20 May 2009 18:01:28 +0000

[...] one from HUD is offering any specific detail, although a certain Florida mortgage blogger referenced recent goof made by HUD regarding a premature announcement on the [...]

By: Orlando, Florida First-Time Home Buyer $8000 Tax Credit | Orlando Florida Mortgage

Tue, 19 May 2009 16:22:06 +0000

[...] been some suggestion that HUD plans to allow First-time home buyers to use a bridge loan to apply the $8,000 credit towards downpayment and closing costs – there’s been no formal program announced to allow [...]

By: Florida Mortgage Market - Week in Review - May 11th - 15th | Florida Mortgage Blogger

Mon, 18 May 2009 15:39:23 +0000

[...] one. The Department of Housing and Urban Development’s Federal Housing Administration made a very interesting announcement that was ultimately deemed a case of premature [...]