Jeanne......have you already been turned down by a bank for a mortgage?
If you have been turned down, then I am afraid you will not be able to pruchase a home , or get the tax credit at this time, unless you have a family member willing to loan you the $50,000.
Sit down and speak with a lender to see what you need to do so that you will be able to borrow money in the future. Is it a case of low credit scores? Do you need a down payment? Is your income not high enough?Whatever it is..work on it, and hopefully things will improve for you down the road.
Prudential NJ Properties