In addition to the Down Payment Assistance program that’s available for the Greater Phoenix area (Maricopa County), there is a new program available!
The Home Plus program, administered by Arizona Housing Finance Athority, provides 4% of the mortgage amount to be used for down payment and/or closing costs in most other Arizona counties.
A few of the highlights:
4% of loan amount is a GRANT – NON-Repayable !!
Up to $315,569 purchase price in Pinal County (call me for other counties)
Grant is available for Primary Home only
FHA, VA, or USDA financing regulations apply
Minimum 640 credit score
This is a great program. Visit the Arizona Housing Finance Athority web site for details on a tax benefits.
Only approved lenders can offer you this opportunity. Call me for additional details or to apply.
