And these are the rules for that Tax Credit Borrowing Situation!

http://moneyfeatures.blogs.money.cnn.com/2009/06/02/fha-backs-away-from-no-down-payment-loans/

Here is how HUD decided those funds could be used. The problem as they see it and it is understandable, is that they want buyers to have a financial stake in their property. Follow the the link for specifics………….