The Arizona Home Buyer Solutions™ Program provides up to 2.5% as a gift to be used for a Down Payment. This program is ideal for low to moderate income individuals and families looking to obtain qualify affordable housing with only 1% down. And the better news is-the 1% down payment can be from a family member, employer or union!
The Arizona Home Buyer Solutions™ Program is offered exclusively through The Lending Company, a direct endorsed U.S. Housing and Urban Development lender.
The program provides up to a 2.5% gift for home buyers utilizing an FHA 1st mortgage. The seller can contribute up to 6% for closing costs/pre-paid expenses and the program offers expanded income limits based on county. It also provides competitive interest rates, flexible loan approval guidelines and is not restricted to just 1st time home buyers.
Virtually any H.U.D. Approved Home qualifies for this program including 1 to 4 family homes and approved condominiums. The Home must be owner occupied for this program. The Arizona Home Buyer Solutions™ Program is available statewide in Arizona to qualified home buyers. FHA Loans require a minimum 3.5% down payment. The program provides up to 2.5% as a gift to be used towards the FHA down payment requirement. Ask your representative for details.
The Lending Company is an Equal Opportunity Lender. David Ghai is a Certified Mortgage Planner and Branch Manager for The Lending Company's Gelndale, AZ Branch Office.
The Lending Company-BK0909441 Arizona
7075 W. Bell Road, Suite 12
Glendale, AZ 85308
623-878-0021
No comments:
Post a Comment