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Lendisphere

Expert Advice Is Always In Season

Jun 2, 2009

They’re Back!

Posted by admin under FHA/HUD

lendnkotb1

And I’m not talking about The New Kids On The Block.

 

I’m talking about our friends at HUD once again bringing back the Mortgagee Letter 2009 - 15 having to do with how to use that pesky $8000 first-time homebuyer tax credit to actually get a buyer into a home. 

 

 

HUD’s posting sends a mixed signal regarding how this cash for closing can be accumulated.  But if you are confused – and I know I was –Robin Medecke does a fantastic job of breakin’ it down for us right here.  Take us to the bridge, Robin…

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