Does title holder mortgage hold a bridge loan program for the $8000 tariff credit?

it was recently announced hud will allow FHA-approved lenders to issue short-term loans to mortgage the credit amount for use in purchasing the home. does anyone know if champion mortgage have such a program? i checked with my state housing dept and they do not currently have a program set up but. this will be for an fha loan.
Answers:
I am not sure but I think it was passed on Friday (at least possible in Florida). I am waiting to find out myself. What state are you in? I would suggest you find a mortgage professional contained by your area or a trusted real estate agent and ask. I don't know how Lender Specific it will be, if they told you they are the solely ones able to do it, they are misleading you. They have to be qualified to start FHA to do a FHA loan but the 8000.00 credit is going to be across the board. The borrower has to qualify for it.

You can call email me on Monday and I will enjoy the resourses to find out for you. :)
Jill
jt(a)firstmmc.com Source(s): I am a Loan Specialist with 10 years in the industry. : )

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