http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#comments Comments from 'FHA is Back to Being Good Business for First Timers.' in Best CA Bay Area Mortgage Broker at BiggerPockets.com http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#c_2070 http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#c_2070 Can you name any lenders who will do 0% bridge loans that you repay when the $8k tax is collected? http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#c_2071 http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#c_2071 Sorry Ivan... No such thing as a bridge loan in this environment. http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#c_2072 http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#c_2072 So why did you write "About a dozen states have started offering bridge loans to help spark home buying. These low- and zero-interest loans have to be repaid when the tax credit is applied" ? http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#c_2074 http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#c_2074 Good to see the program working--How about a blog entry on how investors can best utilize FHA before 12/1/09? http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#c_2076 http://www.biggerpockets.com/blogs/153/blog_posts/2389-fha-is-back-to-being-good-business-for-first-timers-#c_2076 Oopps Ivan I thought you were referring to a bridge loan for the purchase price not the credit. I read too fast. Some states are doing short term loans for the 8k tax credit though. Most lenders like Flagstar and many others will apply this bridge for the 8k tax credit here in CA but I'm not sure about WA if you can document the process for an amended tax return.