8000 Tax Credit Bridge Loan: Is Anyone Doing It?

By far, one of the most popular questions I have gotten over the past week or so is:

“Is anyone actually doing the 8000 tax credit bridge loan where you can monetize the tax credit and use it for closing costs?”

And although I have searched, called around, asked everyone that I can think of…

I still haven’t found an organization that is doing this in Arizona yet.

Which means if you are in the process of buying a house and your loan officer is telling you something like “I am sorry, but there really isn’t an organization who is monetizing the 8000 tax credit right now…” he is most likely telling the truth.

Now.

One of the nice things about blogs is that many (smart) people read them and I have a hunch that some organization or lender out there is currently helping people monetize the 8000 tax credit and I just don’t know about it.

If you are aware of such an organization or lender, now is your chance to flex your smart muscles and share with the rest of us who that organization is! Just leave a comment — and if you are kind enough to share this with everyone, I will be sure to give you all kinds of credit on all kinds of publications as being on the cutting edge of breaking news of the 8000 tax credit monetization plan.

Until then, I will keep calling everyone I can think of trying to find an organization who is actually doing this for people in Arizona.

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Tagged as: 8000 tax credit bridge loan, 8000 tax credit monetization

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