How The Home In Five Down Payment Assistance Program In Arizona Can Help You UPDATED

Dated: 01/09/2018

Views: 363

Home In Five Down Payment Program Is Still Going Strong!

Home In Five Program

How and Who Can You Qualify For The Home In Five Down Payment Assistance Program? 

  • Buy a house anywhere in Maricopa County, including in the City of Phoenix up to $371,930.

  • New or existing single-family homes, 2 to 4 unit homes, condos, and townhomes.

  • Qualify for a FHA, VA or USDA loan with a maximum debt-to-income ratio of 45%.

  • Minimum FICO score is 640.

  • Income from all borrowers may not exceed $92,980.

  • Take a convenient homebuyer education course.

Home In Five Advantage Down Payment Assistance Program in Full Detail & Highlights:

  • You do not have to be a first time home buyer.

  • Assistance with down payment and/or closing up to 3%. An additional 1% is available to qualified Veterans, active duty Military, active Reservists and active National Guard.

  • The assistance money is actually available. Many down payment assistance programs run out of funds within a short period of time.

  • The Home in Five assistance money received is a silent second that has no interest, no payment and is forgiven monthly over the first three years of home ownership. The lien is completely forgiven after you have stayed in the home for three years without refinancing. The purpose of the silent second is to provide stability and ensure the ongoing success of the Home in Five down payment assistance program in Arizona.

So my Phoenicians, If you are buying a house in Maricopa County and you need help with your down payment and closing costs, you should consider the Home In Five Advantage Program. The Home In Five Advantage Program has been strong for five years already and we have helped many first time home buyers with this program. 

This is a great down payment assistance program if you are lacking funds for your down payment. 

Are you ready to own your new keys? 

We are ready to help. 


Blog author image

Victor Vic Huerta

Your Life. Your Dreams. Your Home! #Arizona #realtor & investor. Father. Husband. Honest. Truth. About you not me! Hello my friend. Ask me a question? Any question, does not have to be real estate rel....

Want to Advertise on this Site?

Latest Blog Posts

What Is Going On With The Real Estate Market In Phoenix

Let me explain to you on what is really going on with the Phoenix real estate market for March 2018! Median Sale Price up $20,000 over March 201717% of Sales are Closing Over Asking PriceFor

Read More

How Much Profit Do You Have In Your Phoenix Arizona Home

I am going to show you exactly why other websites get your Phoenix home value wrong when you are thinking of selling your Phoenix Arizona house!This video explains why our system is more accurate

Read More

7117 E Meseto Ave Mesa Arizona 85209 Landing Soon

7117 E Meseto Ave in Mesa Arizona has great curb appeal with charming courtyard entry. Spacious open floor plan, soaring ceilings, plush carpet, ceiling fans, window blinds, neutral tile floor in

Read More

Phoenix Arizona Housing Market Update For January 2018 By Victor Vic Huerta

I am Victor "Vic" Huerta and on today's Free Agent Real Estate show, I am going to dive into the housing market numbers for January 2018 and explain what all these numbers mean to you as a home.

Read More