The Federal Tax Credits Blog

Posts Tagged ‘8000 tax credit bridge loan’

Question: Where do I find a lender that will do a bridge loan so I can use the home buyer tax credit upfront?

The US Dept of Housing and Urban Development is allowing FHA-approved lenders to develop bridge loan products that would enable a first time home buyer like me to use the home buyer tax credit upfront to cover closing costs. However, I have yet to find a lender that is participating in this.
Please be sure to proofread your answers before submitting them. It is always hard for me to understand what you are trying to say if it is full of bad grammar.

Answer: Many lenders are working on it. Most do not have their systems ready to make use of the program yet.

Clairvest Reports Fiscal 2011 First Quarter Results

TORONTO, ONTARIO–(Marketwire – 08/10/10) – Clairvest Group Inc. (TSX: CVG – News ) today reported results for the quarter ended June 30, 2010. (All figures are in Canadian dollars unless otherwise stated). Clairvest’s book value was at $291.6 million or $18.28 per share, at June 30, 2010, compared with $18.32 per share at March 31, 2010. The decrease in book value per share was attributable to …

BRIDGE LOANS BRIDGING THE GAP REAL ESTATE BRIDGE