Arizona Home in Five Advantage Loan Program

 

Are you eligible for Arizona’s Home in Five Advantage Loan Program? Eligible home buyers can receive up to 5 percent down payment assistance! Other benefits of the Home in Five Advantage Loan Program include:

 

  • 30-year fixed interest rate on a first mortgage
  •  Eligible borrowers receive a grant for 5 percent of the original loan amount to apply towards down payment or closing costs
  •  No first-time home buyer requirement
  •  Available for FHA, VA and USDA home loans

In order to qualify for the Arizona Home in Five Advantage Loan Program, you must:

  • Have a maximum debt-to-income ration of 45 percent
  • Meet the total household income and purchase price requirements with the Home in Five limits
  • Have a minimum FICO score of 640
  • Work with a Home in Fave-approved loan originator
  • Purchase a property with a maximum price of $300,000 located anywhere in Maricopa County
  • Qualify for the first mortgage underwriting guidelines as determined by your Home in Five participating lender

If you or someone you know is interested in qualifying for the Arizona Home in Five Advantage Loan Program, please call me today. I can refer you to a qualified Home in Five participating lender. Don’t miss out on the hot summer deals happening now – get qualified today! Nate

www.NatesHomes.com
602-942-7000

*This communication is provided to you for informational purposes only and should not be relied upon by you. RE/MAX Professionals and Nate Martinez are not a mortgage lender and so you should contact Cobalt Mortgage directly to learn more about its mortgage products and your eligibility for such products.