Arizona Residents Who Desire a Home of Your Own: Your Dream is Just Around the Corner!

May 11, 2010 - PRLog -- Are you one of the tens of thousands of people who have not been able to purchase a home for your family, because you simply did not have the money for a down payment?  Now, the Arizona Home Buyer Solutions Gift Program is changing all of that.  With as little as 1% down, you can find yourself in a beautiful home to call your own - and this 1% can even be in the form of a gift from a family member or union!

Although it may sound unbelievable, it's absolutely true.  The total required down payment is 3.5%, but the program provides up to 2.5% as a gift to homebuyers who utilize an Arizona FHA mortgage.  Their gift, plus the 1% that can come as a gift, equals all that you need to get a quality home of your own.

Right now, many people fall in to a low income bracket due to economic conditions and other factors.  If this is you, there will never again be an opportunity like this, so you should act now.

Other benefits that make this one-of-a-kind program so amazing:

*  Competitive interest rates

*  You DO NOT have to be a first-time homebuyer

*  Seller can contribute up to 6% toward your closing costs

*  Purchase qualified 1 to 4 family homes and approved condominiums

*  Income limits are very lenient, and based upon the county in which you reside

There are only a few stipulations, one being that the home must be occupied by the owner to qualify for this program.  This program is available statewide to qualified buyers, and qualifying has never been easier.  It is unfortunate that the economic downturn has made it nearly impossible for so many to buy a home, but now the tides may be changing.

Before, you either had to be a first time homebuyer or were only allowed to purchase homes that were in foreclosure.  Now, the rules have changed and made it easier than ever before for those who could not afford a home of their own to do exactly that!  Do not let this opportunity pass you by.  Learn more about the Arizona Home Buyer Solutions Gift Program at (http://www.fhaloanaz.com), and soon you just might find your family living in a beautiful home you can call your own.

# # #

Article distributed by Joel McLaughlin. These press releases are used to help inform the public of new valuable information relating to several different industries.