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Home N Five Down Payment Assistance Program For South Mountain Homes For Sale
Here Is How The Arizona Home In 5 Down Payment Program Can Help You Buy Your First or Second South Mountain Phoenix Arizona Home.
The Home in 5 down payment assistance program is still strong to help South Mountain Phoenix residents buy their first or second Phoenix home. Home In 5 Down Payment Program has been extended by the Phoenix Mayor Greg Stanton. This down payment assistance program is an expansion of the Home In Five Down Payment Program that was in place in 2012. Funds are still available for you to use that can help you own your new South Phoenix Arizona Home.
Home In 5 Down Payment Program In Full Details Via Video
Every South Phoenix Home That You Can Buy Using The Home In 5 Down Payment Assistance Program:
Phoenix Arizona has a couple of down payment assistance programs that can help first time South Phoenix home buyers and repeated Phoenix home buyers. The only thing South Mountain residents need to do is take advantage of this down payment assistance program while it last in Phoenix, Arizona.
Is this a scam?
Is your realtor a free service who represents you in buying your home? YES!
Home In 5 Advantage Down Payment Assistance Arizona Program in Full Detail:
Up to a MAX $15,000.00 for your down payment depending on your credit score.
Max income cannot exceed $88,340.00 base only. (If you make more with overtime, we do not include overtime. Just your base pay.)
South Mountain Phoenix home cannot exceed $300,000.00.
640-659 credit score, you will receive 3% down payment assistance of the loan amount.
660 credit score and above will receive 4% down payment monies of the loan amount.
First time home buyers.
Repeated home buyers are also approved for this down payment assistance program in Arizona.
First responders, teachers, military receive an extra 1% on top of the down payment assistance Arizona program listed above.
Minimum credit score of 640 is needed for this down payment assistance program.
We can help you with your credit score as well!
What is a first responders job title to be able to receive up to 5% down payment assistance to buy my home in 2016?
Peace Officers, as defined in A.R.S. § 1-215, certified by the Arizona peace officer standards and training board, and employed full-time as:
Sheriffs, Deputy Sheriffs of Counties, Constables
Policemen of Cities and Towns
Commissioned Personnel of the Department of Public Safety
Personnel Employed by the State Department of Corrections or the Department of Juvenile Corrections
Police Officers appointed by Community College District Governing Boards, Arizona Board of Regents or Governing Body of a Public Airport Pursuant to Section 28-8426
County Detention Officers
Special Agents from the Office of the Attorney General or of a County Attorney including Police Officers employed by a Tribal Police Agency
Professional Firefighter, as defined in A.R.S. § 9-901, employed full time as A member of an organised paid Fire Department Emergency Personnel, whose primary responsibility is the care of patients in an ambulance and is employed full-time, to include the following occupations, defined in A.R.S. § 36-2201
Emergency medical technician, Advanced Emergency Medical Technician, Emergency medical technician I-99
The following types of homes are allowed:
Don’t worry South Mountain Phoenix Arizona Teachers! We have you covered as well for this down payment assistance Arizona program.
As a South Phoenix teacher employed full-time by a state-accredited public school you can receive up to 5% down payment gift funds as well.
How do the numbers look using this Home In 5 Down Payment Program?
House for sale = $180,000.00 purchase price
660 credit score
$7,069.59 gift goes towards your down payment and closing cost
Estimated payment at current rate of 4.5%
$895.51 – Principal and Interest
$45.00- Estimated Ins
$100- Estimated Taxes
$122.13- Mortgage Insurance
$1,162.64 Total Est Payment
If you're not happy with your current South Mountian Phoenix home would you consider selling and moving up to a nicer, newer home?
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