Can't Afford a Down Payment on a Home? With This Arizona Home Loans Program, You Can

There are many factors today that make it tough to come up with the down payment on a home; the economy, job scarcity, gas prices, etc. When you can barely make ends meet, there is simply no way to save thousands for a home.
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May 8, 2012 - PRLog -- Now, an amazing Arizona home loans program makes it possible for you to purchase a home of your own!  If you fall in a low to medium income range, you may qualify.  This program, America's Home Buyer Solutions Gift program, has made it possible for thousands of people just like you to own a beautiful home to call their own.

The two factors that really determine whether you qualify are your income level, and your credit score.  Income limits are based on the county you live in and have been expanded, which makes it easier to qualify.  If your credit score is 640 or better, you should definitely investigate further into this Arizona home loan program!

Do you have to be a first time home buyer?  No.  In fact, you can currently live in your own home and still qualify.  This programs provides a "gift" of 2.5% of the 3.5% down required to purchase approved FHA homes.  You do NOT repay this gift, and only need to come up with the remaining 1% in order to buy a home.  This 1% can even be given to you as a gift from a family member, employer or union, essentially leaving you with nothing down.  

Additionally, the seller is encouraged to contribute as much as 6% of the selling price to help you with prepaid expenses such as closing costs.  This helps you save even more!  

What type of home can you buy?  With many Arizona home loan ( programs, you are limited to purchasing a single family home.  With America's Home Buyer Solutions Gift Program, you can purchase any FHA approved home, whether it be a duplex, townhouse, condo, or any property housing up to 4 families.  This program is truly incredible, and unlike any you have ever seen before.  However, it won't last forever, so it's important that you take action now if you want to purchase a home without draining your bank account in order to do so.

Imagine paying only $1,250 down on a $125,000 home!  While this one-of-a-kind program sounds too good to be true, it can be a reality for you.  Learn more today - don't let this chance pass you by.

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Source:Joel McLaughlin
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Tags:Arizona, Home, Loans, Arizona Loan, Fha Loan, Phoenix, Scottsdale
Industry:Finance, Mortgage, Real Estate
Location:United States
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