Christian's Blog

Real Estate Mortgage Broker - Homeland Financial



An Explanation of FHA Mortgagee Letter on Tax Credit Monetization (Quoted from NAHB with my edits)   On Friday, May 29, HUD issued Mortgagee Letter 2009-15, which outlines the requirements that must be met in order to monetize the first-time homebuyer tax credit. The tax credit can be monetized i...
Posted almost 5 years ago
On May 11, 2009, Governor Sonny Perdue signed into law HB 261 which provides home buyers up to $1800 tax credit. The tax credit must be claimed in one-third increments over a three year period and is eligible to home buyers who purchase single family residences closing between June 1 and November...
Posted almost 5 years ago

Christian Pak

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