Yes there is still down payment assistance in Arizona. For those that qualify, the MCC or Mortgage Credit Certificate is still available in Arizona. The MCC program through Housing America works out to be a silent 2nd mortgage that gives 5% of the purchase price towards your down payment and closing costs.
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No Payments or Interest?
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On [...]
Yuma, Somerton, San Luis, Flagstaff, Arizona - 928-246-0422
Yes, you can buy a bank owned foreclosure and the State of Arizona may give you 22% towards your down payment. This program has many qualifying criteria so right up front make sure you work with your lender to confirm you qualify, but the work is well worth the reward.
This program works in all communities in [...]
Yuma, Somerton, San Luis, Flagstaff, Arizona - 928-246-0422
It is official, the Your Way Home Arizona program is now officially open and ready for approved buyers. The state of Arizona has created a program that will allow buyers who qualify to access a grant of 22% of the purchase price if they buy bank owned REO properties.
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What Are The Qualifications?
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These properties must be [...]
Yuma, Somerton, San Luis, Flagstaff, Arizona - 928-246-0422
Yuma, Arizona FHA loan limits remain unchanged and now allow virtually every 1st time buyer the opportunity to purchase the home of their choice.
The current FHA loan limit is $271,050 after the minimum 3.5% down payment required by HUD. This number is now significantly higher than the average sales price in Yuma, Somerton and San [...]
Yuma, Somerton, San Luis, Flagstaff, Arizona - 928-246-0422
Can you get an $8,000 1st time home buyer tax credit in Arizona?
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Yes It Is True!!!
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First-time home buyers in Arizona are now eligible for up to $8,000 in tax credits equal to 10% of their home’s purchase price, up to a maximum of $8,000.
The latest stimulus package signed by President Obama makes these credits available to [...]
Yuma, Somerton, San Luis, Flagstaff, Arizona - 928-246-0422
A $100 down payment is all you may need for your new home purchase in Yuma, AZ.
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Yes It Is True!!!
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Many buyers see this as the right time to buy with interest rates so low and housing prices coming down, but the hurdle of a large down payment may make that purchase un-obtainable….until now!
One of the [...]
Yuma, Somerton, San Luis, Flagstaff, Arizona - 928-246-0422
FHA allows Yuma Area Graduates and those just moving to Yuma the ability to buy their first home.
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No Two Year Work History???
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A common problem for many first time buyers who are newly graduated from school is when applying for a mortgage and they are asked about their previous two years work history and proof of their last [...]
Yuma, Somerton, San Luis, Flagstaff, Arizona - 928-246-0422
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