You deserve the joy of home ownership
Home ownership is an awesome joy. Building equity in your own future is a dream many Americans don’t get the pleasure to enjoy. If you are looking to upgrade where you currently live, get out of the rat race of renting, or purchase your first home then I have something awesome to tell you about.
There are many awesome programs to help Tucson’s residents get a home of their own, and this is one of the best! How would you feel if you I told you that you could stop renting, and pay less a month for a home you own?
Its true, but…
Time is running out...
The Arizona Department of Housing in partnership with the Arizona Home Foreclosure Prevention Funding Corporation has a program that provides down payment assistance to qualified homebuyers purchasing a primary residence in 26 targeted zip codes. The assistance is an incentive to purchase in housing areas that have been effected most by foreclosures.
The funds will not last for too much longer and you don’t want to miss out on this amazing opportunity. Many Tucson new homeowners have been able to get a home of their own with out cash out of their pocket. Let me show you how it works!
What is Pathway to purchase?
The Pathway to Purchase (P2P as its also known) Down Payment Assistance Program provides an awesome 30-year fixed-rate mortgage with a Down Payment Assistance (DPA) equal to * 10% of the purchase price up to $20,000. The DPA second mortgage is a five–year forgivable lien against the subject property at a 0% interest rate and no required monthly payments. The P2P funds can be used toward the down payment and or some of the closing costs. DPA is only available in conjunction with a P2P first mortgage and is funded by the AHFPFC at the mortgage loan closing.
Program Highlights:
- Mortgage for the purchase of an Owner occupied, Primary Residences in targeted areas.
- Borrower(s) Income not to exceed $92,984.00.
- Purchase Price limit not to exceed $371,936.00.
- Existing, previously occupied properties only, new construction, including spec homes are not allowed.
- The DPA provided is 10% of the purchase price * up to a maximum of $20,000.
- Freddie Mac HFA Advantage mortgage only.
- The P2P Program is strictly limited to the targeted zip codes in the following cities: (see target area table for specific zip codes, shown on map).
- Bull Head City, Casa Grande, Glendale, Green Valley, Kingman, Phoenix, Rio Rico, Sahuarita, Sierra Vista, Tucson, Vail, Yuma.
- Each borrower must complete a homebuyer education course before closing.
Where do you start?
We start with a conversation. There are a lot of factors that go into buying any home and being prepared will make the journey that much easier for you. Using my services and strategic partners will allow you to gain access to the best deals, the greatest inventory, and the smoothest process. Send me your information below and let’s start the conversation!
