FHA and Tax Credit working together

Most people know about the tax credit advantage for purchasing a primary residence between Jan. 1, 2009 and Dec. 1, 2009 but did you know that you can receive the credit of up to $8000 by the the time of your closing? If you obtain an FHA loan you can use the $8000 credit towards your closing costs or towards your downpayment. If you decide to use the credit towards down payment you will still need to have the minimum down payment requirement of 3.5% but you can add the $8000 to the down payment. This is a great way to get a little down payment assistance. Any assistance when purchasing a home is great news. Can you think of a better time to buy?