In order to purchase any FHA approved property, it is required that you have 3.5% down payment.  With this “gift” program, you only have to come up with 1% of the down payment, as the remaining 2.5% is gifted by an IRS recognized nonprofit.  Even at that, a family member, union or employer can gift the remaining 1% to you, meaning that you can literally purchase a beautiful home for zero down!

This is one of the most incredible Arizona home loan programs to come around in decades, providing a solution for families who truly desire a home of their own, but for one reason or another cannot save up the money for a down payment (which is easily understandable in the economic downturn experienced in recent years).

If you are interested in learning more, here are a few tidbits of information that may spark your interest:

Income guidelines have been expanded; how much you can make and still qualify is determined by the county you reside in.

Sellers are encouraged to contribute up to 6% of the selling price of their homes to be used toward prepaid expenses such as closing costs.  Many sellers follow this advice, as their homes sell faster with added incentive.

You do not have to be a first-time homebuyer; in fact, you can live in your own home now.  Additionally, you can purchase any FHA property that houses up to 4 families, as long as it qualifies.  This includes duplexes, town houses and condominiums.

There are no penalties for pre-payment.

Interest rates are extremely competitive.

You are required to have a credit score of at least 640.

The Lending Company is the only company authorized to underwrite these loans.

These are just a few facts about the program.  You can learn all of the details about this opportunity by contacting a qualified mortgage broker, who can explain everything in detail so that you can make an informed decision regarding whether this Arizona home loan program is for you.  Don’t waste time – this chance won’t be around forever, so make a move today.

How does America’s Home Buyer Solutions Program work?

America’s Home Buyer Solutions Program works by basically giving you 2.5% of the 3.5% down payment necessary to buy an FHA home. This gift allows you to get in a home when you might otherwise not be able to. You have to come up with 1%, true, but you don’t have to come up with the money on your own. Instead, you can borrow it from a relative, friend, your union, your employer, or whomever you have that’s willing to lend you the money. As long as you can do that, and as long as you meet certain other qualifications, you may be able to get into a home if that’s always been your dream.

What are America’s Home Buyer Solutions Program’s parameters?

* Income qualifications

Depending on your county, you have expanded income limits available to you. Check to see what they are with your county; if your income falls within those limits, you may very well qualify.

* Types of FHA housing eligible

In addition to single-family homes, you can also buy condos, manufactured homes, and other FHA housing utilizing the America’s Home Buyer Solutions Program “gift” of 2.5% down payment, as part of this most unique Arizona home loans’ program.

* FICO score

Your FICO score must be at least 640, in order to qualify for America’s Home Buyer Solutions Program. If you can meet this qualification, however, you will likely qualify for the Arizona loan program. The 640 FICO score is much lower than that required by most lenders.

* Seller participation

The home you want to buy through America’s Home Buyer Solutions Program as part of Arizona home loans’ programs must be seller occupied at the time of sale, and the seller is encouraged to contribute 6% of the home’s sale price at the time of sale to further encourage the sale’s completion. This money may be used for closing costs and other prepaid expenses.

* First-time homeowners AND previous homeowners are eligible

Fortunately, America’s Home Buyer Solutions Program includes not just first-time homeowners but previous homeowners in its eligibility ranks. This Arizona home loans program is unique in this regard, because unlike most home loans programs, you don’t have to be a first-time homeowner to qualify.

Don’t miss out on what may be your only opportunity to purchase a beautiful, quality home.  Learn more today about this incredible program.

Who offers this program?  The Lending Company, a lender which is directly endorsed by the U.S. Housing and Urban Development (HUD).  This Arizona home loans program applies to FHA approved homes, which generally require that the buyer pay a 3.5% down payment.  With this program, 2.5% of the required down payment is given as a gift, one that you never pay back.  This means that you only have to come up with the remaining 1% in order to purchase a home, and this 1% can even come from an employer, union or family member.  Essentially, you can purchase a home with no money out of your own pocket.

What are the requirements to qualify for this one-of-a-kind program?  You must have a credit score of at least 640.  It is not necessary for you to be a first-time home buyer, as is the case with so many other programs.  In fact, you can live in your own home currently and still qualify.

The seller is encouraged to contribute as much as 6% of the selling price, which can be used for assistance with closing costs, rate buy-downs and other pre-paid expenses.  How much can you earn and still qualify?  Income limits are based upon the county you live in, and have been expanded, making it even easier to qualify.

You are not limited to single family homes, and can purchase any approved property housing up to 4 families.  This includes condos, duplexes, town homes and other properties.  Interest rates are very competitive, and loan approval guidelines extremely flexible.  Unlike other government down payment assistance programs you may have seen in the past, with this Arizona home loan program, funds never run out.

This may be your one and only opportunity to purchase a quality, beautiful home for yourself and your family.  How can you learn more?  Contact your mortgage lender, who can get the ball rolling to learn if you qualify.  There will never be another program like this one, so make your move now, while you still have the chance!

You may just be eligible for a type of Arizona home loans available through a specialized program called America’s Home Buyer Solutions Gift Program. With this one-of-a-kind program, you apply for an FHA loan just as you normally would; however, instead of having to come up with the normal 3.5% down payment, you only have to come up with 1%.

2.5% of the FHA down payment is made available to you with these specialized “Arizona home loans”

It’s not really an Arizona home loans program per se, but the America’s Home Buyer Solutions Gift Program gives you 2.5% of the 3.5% necessary for down payment with an FHA loan. This means that you might be able to buy a home when it would otherwise be out of your reach. Even better, you don’t have to necessarily come up with that 1% yourself, but instead can borrow it from a relative, get it through your union or employer, or other source.

What else should you know to qualify for America’s Home Buyer Solutions Gift Program?

* Meet the expanded income qualifications for your county

These Arizona home loans are not just for anyone, but as long as you meet the income qualifications for your county in Arizona, you can participate.

* Can you have been a homeowner previously?

Yes, it is fine if you have owned your own home previously. While most Arizona home loans’ help is only available to first-time homebuyers, America’s Home Buyer Solutions Gift Program is not.

* Home must be occupied by the seller at the time of sale

The home you buy must be occupied at the time of sale, and the seller must agree to participate in America’s Home Buyer Solutions Gift Program.

* Seller is encouraged to contribute 6% of the sale price at the time of sale

The seller is further encouraged to contribute 6% of the sale price at the time of sale, to further facilitate the sale.  This money can be used for closing costs and other pre-paid expenses.

* Just about any type of home qualifies

In addition to single-family homes, duplexes, condos, and other types of homes will generally also qualify for the program.

What else do you need to know?

As long as the home is approved through the FHA, it’s generally eligible, assuming it meets the other qualifications as listed. The interest rates for your FHA loan are competitive, although you will need to have a FICO score of at least 640 if you want to qualify.  What are you waiting for?  This is the opportunity of a lifetime, do not miss out!

What is this program?  Essentially, it is a down payment assistance program that is offered by an IRS recognized nonprofit.  What this means for you is that any FHA approved home that normally requires a 3.5% down payment can be bought by you for only 1% down, because the nonprofit provides the other 2.5%.  Even better, a family member, employer or union can “gift” the remaining 1%, which means you could actually purchase a home for no money down!

It sounds incredible, but thousands of people have already benefited from this one-of-a-kind program, and are now living in their dream homes.  Here is a quick demonstration of what this program can do for you:

You’re interested in purchasing a home selling for $100,000, meaning the down payment required would be $3,500

The program “gifts” $2,500 of the down payment (2.5%)

You are only responsible for $1,000 to complete the down payment (1%)

See how easy it is?  And imagine if someone else were to gift the remaining 1%!  In addition, sellers are encouraged to contribute up to 6% of the selling price of their home, which can be used for prepaid expenses such as closing costs.  This is truly one of the most incredible Arizona home loan programs to come around in decades.

You do have to qualify, and approval is based primarily on your income and credit score.  Income guidelines have been expanded by county, and your credit score should be a minimum of 640.  Other than that, you can purchase any FHA approved property – and you DO NOT have to be a first-time homebuyer!  Buy a duplex, condo, even a town house.  Any property housing up to 4 families is okay.

Interest rates are competitive, and now is the time to take action.  This Arizona home loan program will not be around forever, so don’t put it off!  If you have given up on the possibility of purchasing a beautiful home for your family due to lack of a down payment, learn more about this amazing opportunity today.

Depending upon how long you have been trying to figure out a way to buy a home for yourself and your family, you probably already know that typically, 3.5% is required down on an FHA home.  Now, a wonderful program allows those who qualify to purchase approved FHA properties for only 1% down!  This program, America’s Home Buyer Solutions Gift Program, offers a 2.5% gift that never has to be repaid, leaving you with only 1% down to buy a home.  The real kicker?  A family member, employer or union can gift the remaining 1%, meaning you literally buy a home with zero down.

Additionally, sellers are frequently paying buyers’ closing costs, because of the current condition of the housing market.  With this program, sellers are encouraged to contribute up to 6% of the selling cost, and many do simply for the fact that it helps them sell their home faster.  Imagine the money you will save – and you will finally have a beautiful, quality home for your family if you qualify.

This 1% down Arizona home loan is easy to qualify for; as long as you have a credit score of 640, there usually aren’t any issues.  Here are a few more facts about the program you will find interesting:

Even if you currently live in your own home, that is okay.  You do not have to be a first time homebuyer to participate in the program.

Not only can you purchase a single family home if approved, you have other options.  Condos, town homes, duplexes – any FHA approved property that houses up to 4 families.

How much can you make and still qualify?  Income guidelines have been expanded, and are based on the county in which you live.

Co-signers are welcome, and you never have to repay the gift.

No pre-payment penalties; the program is strictly for 30 year fixed FHA loans.

With this Arizona home loan program, you can see how you can save thousands of dollars – and have your own home for as little as 1% or zero down.  What are you waiting for?  This incredible opportunity will not be around forever, now is your chance.  Learn more today, and finally realize your dream of owning a home.

Here’s how it works:

* You can buy any FHA approved home

While many programs focus on foreclosure-only homes, you can buy any home that’s been approved by the FHA if you participate in this program. In addition, you’re not just limited to single family homes as is often the case with other Arizona home loan programs. You can also buy condos, duplexes, townhouses, or any other property that qualifies.

* You’ll need just 1% down payment

America’s Home Buyer Solutions Program’s real purpose is that it provides 2.5% of the 3.5% down payment you would normally need to qualify for an FHA home purchase. That’s great news, because it means your portion of the down payment is far less.

* You can get that down payment from a variety of sources

With most programs, you have to come up with the 3.5% yourself, and you have to come up with it through your own funds. With this program, you don’t have to worry. You can get that 1% down payment from anywhere, whether it be from your employer, your union, a family member, or just about anyone. What that means for you is that you can find yourself in your own home pretty easily, with few out of pocket costs to worry about.

* Past home buyers welcome

Many housing programs require that you be a first time home buyer. That’s not true with America’s Home Buyer Solutions Program. This allows you to buy a home through its program, even if you’re not a first time home buyer.

* Better income limits

Income limits are based on the county you live in, and are expanded for this program, for most buyers.

Other things you should know

* Your FICO score

The program’s flexible terms, loan approval options and competitive interest rate means that even people who might otherwise not be able to get into a home can qualify for the program. However, you’ll need to have a FICO score of at least 640 to qualify.

* Seller participation

With the America’s Home Buyer Solutions Program, the seller will still be occupying the home you want to buy at the time of purchase. In addition, in order to facilitate the sale, the seller is asked to do contribute 6% of the sale price of the home to the program, which means you pay even less as a buyer.

These days, the real estate market is both great and terrible. It’s great if you’re looking for a home; interest rates are at historic lows, and so are housing prices. However, it doesn’t help you much if you can’t qualify for Arizona home loans through a traditional lender; it’s more difficult these days to get such a loan because of the mortgage crisis. That’s where America’s Home Buyer Solutions Gift Program can help those residents living in Arizona.

Help with your down payment

With America’s Home Buyer Solutions Gift program, you may be eligible for help with a down payment on a home; the income limit varies by county, but you qualify for the program based upon your income. If you meet income limits for your county, you can buy a house using this program as long as it’s an FHA home. This applies not only to single-family homes, but townhouses, condos, duplexes, and so on. Therefore, even if you would rather have a condo or other easy maintenance abode as compared to the traditional family dwelling, you can still get help with your down payment.

You come up with just 1% for a down payment – and that can be a gift

With America’s Home Buyer Solutions Gift Program, you just have to come with 1% of the down payment. The rest, 2.5% of the 3.5% required for an FHA loan, is supplied by the program. In addition, you don’t have to have that 1% yourself. Get it from a family member, your union, a friend, or just about anyone. What that means for you is that you just have to come up with a $1000 down payment, for example, if the home you intend to buy has a purchase price of $100,000.

Other requirements

The requirements for the program are minimal, as long as the property is FHA approved. However, you do have to have a FICO score of at least 640, and the seller must occupy the house you want to buy at the time you buy it. Sellers are asked to put 6% of the purchase price toward the house, to further facilitate the sale, which means you pay even less in the way of closing costs and other prepaid expenses. It’s a great way to make home buying easier for you when you otherwise might not be able to afford a home. Time is limited on this incredible offer, so act now!

Imagine if you were to purchase a home that is selling for $120,000.  Normally, you would be required to pay $4,200 down for that home.  With this program, $1,200 is all it takes – and the seller is encouraged to contribute up to 6% of the selling price to assist with prepaid expenses such as closing costs, so you save a substantial amount of money.

In fact, you could buy an FHA home for zero down, if you have a family member, employer or union who wants to gift the 1% you are required to pay down!  Co-signers are allowed as well, as long as they qualify.  There has never been a program like this before, and it has never been easier for those who fall in a low to median income range to buy a home.

How much can you make and still qualify?  Income guidelines are based on the county in which you live, and have been expanded to make qualifying even easier.  Interest rates are competitive, and you will not be penalized if you decide to pay your home off early.  This program is designed for those who intend to use an FHA 30-year fixed loan.  You must have a credit score of 640 to qualify.

Other facts about the program you will find interesting include:

You do not have to be a first-time homebuyer, unlike with many other programs in the past.  You can even currently live in your own home.

You are not limited to single family homes.  Any property that is FHA approved is fair game, including duplexes, condos, town homes and other properties capable of housing up to 4 families.

The approved lender for this program is The Lending Company, the only company approved to underwrite these Arizona FHA home loans.

While you may have come to the conclusion that you would simply never again be able to afford a home, this program gives you that opportunity.  This is a once-in-a-lifetime chance that you do not want to miss, so it is important that you act now to learn if you qualify.  Finally, you do not have to have thousands of dollars down to buy a home!

Your income limits may be expanded.  Depending on your county of residence, your income limits may be expanded, which means that you can qualify to participate in America’s Home Buyer Solutions Program when you otherwise might not.

You don’t have to be a first time home buyer.  Many programs that help people buy homes are only open to first time home buyers, but that’s not true with America’s Home Buyer Solutions Program. You can have been a home owner previously, and now be looking for another home.

Your down payment is less than it is through traditional lending

. What this program really does for you is that it gives you the ability to buy a house with little or no down payment. As long as you are an Arizona resident, the program gives you roughly two thirds of the down payment, 2.5 of the 3.5% required for FHA loans, so that you just have to come up with 1%. Further, you don’t have to come up with that money yourself either, and can instead get it from your employer, your union, a friend of family member, etc. What that means for you is that if your home is purchased for $100,000, your down payment is just $1000.

The home will generally qualify for America’s Home Buyer Solutions Program if it also qualifies for FHA approval. Your FICO score should at least 640 or better to qualify, although interest rates are competitive.

The seller as well should participate in America’s Home Buyer Solutions Program, which means that when you buy the house, it has to be owner occupied at the time you buy it. Sellers, too, are encouraged to participate in America’s Home Buyer Solutions Program by putting 6% of the purchase price toward the sale of the house, so that the sale is easier to make. This means you pay even less as a buyer, as this 6% can be used toward closing costs and other prepaid expenses.

If you fall in an income bracket that has been preventing you from purchasing a home of your own, learn more about this incredible program today.  Act now, it will not be around forever! Learn about our Arizona home loan programs at our website today.