Using Your $8,000 Tax Credit as a Down Payment on a Home
Because this down payment assistance program is not yet official policy, many lenders will not be aware that this assistance will possibly become available in the near future. If you have contacted a mortgage lender who is not aware of the loan program contact me and I will give you a list of lenders who do offer access to down payment assistance programs.
Hopefully, this program will provide a simple way to use the $8,000 first time home buyer's tax credit as a down payment on your new home. This is one more reason why it is a great time to buy a home!