Down Payment Assistance Arizona - 1% Down, No Strings Attached

Unfortunately, many people cannot afford to buy a home because of the lack of funds for a down payment. Prices have been falling since 2008, and now is the time to buy

Published on November 06, 2009 by Joel McLaughlin (OfficialWire) PHOENIX, AZ

In fact, it's easier than ever to get into a home of your own! The Arizona Home Buyer Solutions Program makes it easy for you to own a home with as little as 1% down, and no strings attached.

This new program is available only in the state of Arizona, and helps eligible homebuyers by providing up to 2.5% of the down payment in the form of a gift, which does not have to be repayed.  This is perfect for families who have previously not been able to come up with the down payment for a home, but are eager to find a quality, affordable home.

The Arizona Home Buyer Solutions Gift Program offers this gift to you through an Arizona based HUD approved non-profit charity, so this is not a seller funded down payment.  The lender involved in this gifting is an exclusive lender, and there are many benefits that allow those who previously could not afford it to purchase a home.  This is NOT limited to first-time home buyers!

Recently, there has been much in the news about short sales, foreclosures and other methods of getting a home for a greatly reduced price.  However, this program is not limited to those homes or properties that are vacant.  This gift works with 1 to 4 family homes, and condominiums that are HUD approved.

The Arizona Home Buyer Solutions Gift Program is available only in the state of Arizona, and buyers should be within FHA Median Income Limits which is $150,870 in Maricopa County, with non-occupant co-borrowers allowed as long as they qualify.  Unlike numerous other programs, nearly any property that qualifies for FHA qualifies for this program!

Are you ready for your chance to finally purchase a home for your family that you can afford?  This is a once in a lifetime opportunity for those who could not come up with a down payment to get into a beautiful home - with absolutely no strings attached!  Learn more about this gifting program, and begin your search for that home or property you have been dreaming of.

The 1% down can actually be gifted by an employer or family member, so in these circumstances this loan can potentially be 0% down.