LOAN PROGRAMS:  The following loan programs are currently the best programs for first time home buyers, W2 employees, and purchasing under the $380,000 price point.  These are GREAT loan products in our current buyer's market. 

Please contact us with more specific questions about obtaining financing.

FHA Loan (Federal Housing Administration Loan)

• Non-First Time Home Buyers Accepted
• Competitive 30 Year Fixed Rate
• No Minimum Credit Score
• No Maximum Income
• No Educational Class Requirements
• Minimal Down Payment
• Seller Can Assist with Down Payment Requirements
• Seller Can Assist with Closing Costs
• Closing Costs/Down Payment can be Gifted from Family or Non-Profit
• Low Mortgage Insurance
• High Purchase Price Allowed, up to $357,000 Through 2008

Maricopa County Home in 5 Program

• 5% Bond Money Provided by County, to go toward Closing Costs and Down Payment
• Non-Repayable Grant Money
• Cannot have Owned a Home in the Last 3 Years
• Competitive 30 Year Fixed Rate
• No Minimum Credit Score
• Maximum Income Level Allowed, varies depending on household and property type/location chosen
• No Educational Class Requirements
• Seller can assist with additional monies toward Closing Costs and Down Payment
• Can Be Used for Resale or New Build Properties
• Maximum Purchase Price for Property in Non-Targeted Area $311,000
• Maximum Purchase Price for Property in Targeted Area $380,000