http://www.zillow.com/advice-thread/if-i-were-to-buy-a-new-home-could-i-use-the-8-000-incentive-money-towards-closing-costs-or-mortgage/243304/ Zillow Advice | Zillow Real Estate http://www.zillow.com/advice-thread/if-i-were-to-buy-a-new-home-could-i-use-the-8-000-incentive-money-towards-closing-costs-or-mortgage/243304/ An FHA loan allows you to use the 8k First Time Homebuyers Tax Credit towards closing costs, but you will still need to have 3.5 percent of the purchase price for downpayment and you would have to qualify for the program.<br/><br/><a rel="nofollow" href="http://www.irs.gov/newsroom/article/0,,id=206293,00.html">http://www.irs.gov/newsroom/article/0,,id=206293,00.html</a> Sat, 06 Jun 2009 21:17:00 GMT http://www.zillow.com/advice-thread/if-i-were-to-buy-a-new-home-could-i-use-the-8-000-incentive-money-towards-closing-costs-or-mortgage/243304/ 2009-06-06T21:17:00Z