Qualify to Receive up to $20,000 in DOWN-PAYMENT assistance!
TUCSON 85711 Home Buyers seeking down-payment assistance for a limited time qualified candidates are encouraged to participate in the Pathway to Purchase program.
Eligible buyers must be able to qualify to receive the funds, funds are limited and are distributed on a first come first serve basis, once the funding limit has been reached the program will be closed to new applicants.
Call, message or email JohnG to see if you are eligible to participate in the Pathway to Purchase program.
Qualified TUCSON home buyers need to act today available funds are extremely limited and distributed on a first come first served basis.
Program details and guidelines for qualification include:
-First Mortgage: 30 year fixed – Conventional FHLMC HFA Advantage loan program.
-Second Mortgage: (down payment assistance dollars) 10% of purchase price subject to a maximum of $20,000.
Fully forgiven after 5 years.
0% interest rate
No monthly payment
-Down payment assistance can be used for both required down payment and closing costs.
-Maximum loan to value: 95% (minimum required down payment is 5%).
-Primary Residence only.
-Total borrower Income cannot exceed $92,984.
-Acquisitions Cost not to exceed $371,936.
-Minimum credit score 640.
-Maximum debt to income ratio: 45.0%.
-No manufactured housing-No new construction including specs.
-All borrowers must complete Home buyer course.
Message today to qualify to receive up to $20,000 dollars in down-payment assistance today!
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