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Can I use the credit for a downpayment?

April 26, 2017credit downpayment

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Can I use the credit for a downpayment?

1 Answer

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10 Posted

• You can only file for the credit once you have closed on the house so the short answer is no however HUD has approved lenders who want to offer secured loans backed by the anticipated credit for precisely this use. Check with your lender to see if they have programs available.