HUD announces $8000 First-Time Homebuyer Tax Credit can be FHA Down Payment
By David A. Podgursky • May 13th, 2009 • Category: 100% Financing, Boynton Beach - Suburban, FHA, Featured Articles, Palm Beach Real Estate, PoliticsIn a much anticipated turn of events, Shaun Donovan, the secretary of the US Department of Housing and Urban Development (HUD), announced that the FHA (which falls under the governance of HUD) will allow home buyers to access their $8000 tax credit for first-time buyers at closing to be used towards their 3.5% down payment […]
