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- Good News for Prospective Homeowners! The DC Tax Credit is now available as a loan!!! The $5000 D.C. tax credit for homebuyers can now be used as a loan to pay for settlement costs or toward a down payment on a home. Crestar Bank and Chevy Chase are offering these programs as an unsecured loan to those individuals who qualify for this tax credit. Fannie Mae and Provident Hospital are offering these loans to their employees who are eligible for the tax credit as an employee benefit. For more information, you should contact your mortgage lender.
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