Christian's Blog

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Mortgage and Lending - Homeland Financial

ARCHIVED BLOG POSTS

2009 

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...
06/22/2009
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...
06/22/2009
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Christian Pak

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