The Arizona Department of Housing has released a 22% down payment assistance program for buyers of foreclosed homes. This program is fully available statewide as of July 1, 2009.
Because access to homeownership is fundamental to Arizona's way of life, Your Way Home AZ is a financing tool that will make it easier for eligible, credit-worthy homebuyers to obtain mortgages.
Funding is made available through the U.S. Housing and Urban Development Neighborhood Stabilization Program (NSP). The state of Arizona and nine other counties and communities received more than $121 million to help stabilize our hardest hit neighborhoods through a variety of efforts.
Please call Anna-Lise Troup at (520) 906-5659 for additional information and a list of qualified lenders who can prequalify you for this program.Click on the title of this article for a link to the program web site.
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Anna-Lise Troup @ 5:49 PM
