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Are Any Lenders Doing The 8000 Tax Credit Monetization?

June 23, 2009 5 Comments

Are you a loan officer reading this blog?

Welcome. Pull up a chair today and feel free to show us your mortgage expertise. Flex your mortgage muscles if you will.

Feel free to advertise right here on this post with your name, contact information, picture – pretty much whatever you want – if you are actually able to help people “monetize” the 8000 tax credit.

Based on the number of times each week that I am asked “hey, do you know anyone who is helping people actually monetize the 8000 tax credit?” you will probably get tons of business.

Are Any Lenders Doing The 8000 Tax Credit Monetization? %spacebasenameI have searched and searched for a lender who can help first time home buyers monetize the 8000 tax credit since it was announced that it was possible – with no luck.

I am currently not aware of any lenders in Arizona who are able to help people monetize the 8000 tax credit – and if you know of any please spread the word and have them announce it here so I can help drive business their way!

These are crazy times in the mortgage business.

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Comments

  1. Johanne says:
    June 23, 2009 at 9:26 pm

    Sometimes, I feel that the $8000 tax credit is there, but it’s really not.

  2. Mark Cote says:
    June 30, 2009 at 4:04 pm

    Hi Justin, I have not found a good way for my borrowers to “borrow” the 8K to add to their down payment or closing costs. I am hearing that lenders may start offering this as a loan?? It’s all rumors right now, but hopefully it will be sorted out soon. Have you learned anything new about this?

  3. justin.mchood says:
    June 30, 2009 at 4:12 pm

    Hi Mark,

    Thanks for stopping by.

    Still haven’t found one doing this yet — I will be sure to spread the word if I learn of one.

    Justin

Trackbacks

  1. Are Any Lenders Doing The 8000 Tax Credit Monetization? | Adobe Tutorials says:
    June 23, 2009 at 9:54 am

    [...] Are you a loan officer reading this blog? Welcome. Pull up a chair today and feel free to show us your mortgage expertise. Here is the original post: Are Any Lenders Doing The 8000 Tax Credit Monetization? [...]

  2. Top 5 real estate posts of the day for 6/24/2009 says:
    June 24, 2009 at 8:36 am

    [...] Are any lenders doing the 8,000 tax credit monetization? – Remember all the talk about a month about about how you can use your 8000 first time home buyer [...]

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