Wednesday, May 13, 2009

Well that didn't take long! Document for FHA down payment removed

HUD "Pulls" Mortgagee Letter on Tax Credit

The Letter 09-15, the document that addressed the use of the tax credit as a down payment for FHA loans has been pulled from HUD.gov.

Maybe it doesn't mean anything but the guideline brief that had been posted on HUD.gov is no longer available.

Looks like my advice from today's earlier post was fairly accurate. Wait and see what comes of the new policy.

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