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Where do I find a lender that will do a bridge loan so I can use the home buyer tax credit upfront?

Tx Mom - 2009-06-27 14:42:32 - Renting Real Estate

The US Dept of Housing and Urban Development is allowing FHA-approved lenders to develop bridge loan products that would enable a first time home buyer like me to use the home buyer tax credit upfront to cover closing costs. However, I have yet to find a lender that is participating in this. Please be sure to proofread your answers before submitting them. It is always hard for me to understand what you are trying to say if it is full of bad grammar.

Best Answer:

Many lenders are working on it. Most do not have their systems ready to make use of the program yet.

Answers:

Many lenders are working on it. Most do not have their systems ready to make use of the program yet.