February 4, 2012

The short-term loan for the first-timer tax credit program…

loan-shark

We want our $8,000 first-timer tax credit at closing! And we aren’t gonna wait! “Okay”says HUD Assistant Secretary Montgomery in the “Mortgagee Letter 2009-15″ that is dated May 11th. Of course you can’t take out the whole $8,000 at closing since there are fees and expenses that need to be paid, and the $8,000 hard [...]