Live in Arizona? Finally Buy That Dream Home, Only 1% Down Makes It Possible

Many Arizona residents have longed for a quality home for their families, but have not been able to come up with a down payment.  Now, America’s Home Buyer Solutions program makes it possible – and you could actually get a home for ZERO down!  If you have come to the conclusion that you would never be able to afford a home of your own, things are about to change.

If your income falls in the low to moderate range, buying a home can be tough.  Add to that the current economic conditions, and you may have simply given up on ever purchasing a home of your own.  This program, offered only through The Lending Company, makes it easy to buy a beautiful home – and you don’t have to be a first time home buyer.  The seller is even encouraged to contribute up to 6% for closing costs, pre-paids and other expenses, so imagine the savings!

How does this incredible program work?  You must utilize an FHA first mortgage, which requires 3.5% down.  A gift of 2.5% is contributed by a non profit, which leaves you with only 1% of the down payment.  This remaining 1% can come from a family member, employer or credit union in the form of a gift, leaving you with nothing down.  This is a once in a lifetime opportunity, and there are absolutely no strings attached.

As long as you have a 640 FICO score, you should have no trouble qualifying.  Here are a few other features of the program you will find exciting.

Purchase any FHA approved home – this can be a single family unit, duplex, condominium, town house or even 3 to 4 family units.

Income limits are expanded, and based on the county in Arizona in which you live.

Seller is encouraged to contribute up to 6% towards closing costs.

Home should be owner occupied at the time of purchase

Flexible loan approval guidelines

Interest rates are competitive

You do not have to be a first time home buyer

Must utilize an Arizona FHA loan – with a 30 year fixed rate – no prepayment penalties

Now, you can stop throwing your money away on rent!  This amazing program has made it easier than ever before for you to buy your own home.  If you are a first time home buyer, you can even take an online education course to help you with the process.

If you have given up on the idea of ever having a home to call your own, now is your chance.  Act right away, this program will not be around forever.  If you do not take advantage of America’s Home Buyer Solutions Program, it is likely you will never again have a chance to secure a beautiful home for yourself and your family.