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Entries Tagged as 'federal tax credit'

FHA First-Time Buyer $8000 Tax Credit Allowed as Down Payment?

May 22nd, 2009 · No Comments · Mortgages

The Federal Housing Administration (FHA) last week announced they were in support of  a program that would allow approved lenders, nonprofits, and state and local governments to fund short term loans that could be used as down payments to be repaid once the borrower received the tax credit. Congress approved the tax credit in February’s [...]

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