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1% Down Can Get Arizona Residents A Home To Call Their Own
Imagine purchasing a beautiful, quality home with only 1% down - and this can even be a gift from family members, your employer or union. The Lending Company is the only HUD lender approved to underwrite these FHA loans. When you consider that the seller is encouraged to contribute up to 6% of the selling price to go toward closing costs, the opportunity is tremendous - especially for those in lower to middle class income levels who just cannot afford a down payment. The program contributes a 2.5% gift, which does not have to be repaid; in essence, if approved you are getting a home for ZERO down! What is so amazing about this program is that you are not limited as to the type of home you can purchase. In fact, you can purchase 1 to 4 unit family homes, townhouses, and condos that qualify. Here's an example to help you understand how the program works. You choose a home that is selling for $100,000. Since these FHA loans require 3.5% down, the down payment is $3,500. The program contributes a gift of 2.5% which is $2,500 leaving you with only $1,000 to complete the down payment - and THIS 1% can be in the form of a gift from family members, unions or employers. Co-signers are okay too! When the seller pays 6% of the closing costs, you are saving an incredible amount of money - AND you can finally afford a home of your own. If you have longed for your own home and are tired of paying rent or living in a home that isn't large enough for your family or needs work, you can now have a beautiful home your family will love if you qualify - which is easy. Income limits are extremely lenient, and based on the county in which you live. As you can see, this program is unique from any other that has ever been offered in Arizona - it's a win-win situation for you! Learn more about this incredible program right now. There are no strings attached, guaranteed - so what have you got to lose? Article Directory: http://www.articledashboard.com Joel McLaughlin Learn more about The America's Home Buyer Solution Program |
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