TweetWhen a lender’s underwriter reviews your Florida mortgage package for approval, one of the things they’re going to do is pay special attention to source of funds for your down payment and closing costs. You will absolutely be asked to provide statements for the last two or three months on any of the financial accounts…
Tag Archive: First-time homebuyer
Homebuyer Tax Credit Really a 15 Year No Interest Loan
TweetI’m concerned that more people aren’t speaking openly and often about the fact that the First Time Homebuyer Tax Credit – which is part of the part of the Housing and Economic Recovery Act of 200 – is really an interest free loan for a period of 15 years. The law allows for a…
