1% Down Home Loan Program 

Arizona Down Payment Assistance Program

2.5% Gift Money for Home Down Payment assistance, No Pay Back Required. Gift is from an approved non-profit agcency, Any FHA approved home in Arizona qualifies, even Bank Owned, Short Sales, and REO's. Flexible FHA Guidelines are great for First Time Home buyer. Previous home buyers are qualified too. Borrower must have a 640+ FICO score.  It is a Super Buyers Market and sellers can pay up to 6% of sales price towards Buyers Closing Cost.

FHA HUD Loans are  popular loans for Low Down & Down Payment Assistance programs .

 All FHA loans are full documentation on the borrower's income and assets. The debts to income (DTI) requirements to qualify are the highest in the lending industry at 50%. This means 50% of the borrowers income can be used to qualify for a FHA loan.

 Easier credit qualifying,  most medical collections do not need to be paid, low payment reserves and FICO credit scores starting at 580 + . The most important requirement for an FHA loan is having a verifiable job for two (2) years.   Some Believe the next big move in Real Estate will be Home Buyers using "Down Payment Assistance" (See 1% Down Page) programs, now that home prices have declined making purchasing a home very affordable again for working families.

Moreover, FHA loans are allowable for the purchase of homes that are Bank owned (REO) and short sales listing. These are some of the best Real Estate prices on homes in Arizona now. FHA loans are for owner-occupants only. The borrowers are required to occupy the home within 30 days of the closing date and live in the home for a minimum of one (1) year. 

Call or E Mail for more info!

480-390-2123  

MBongiovanni@TheLendingCo.com 

It is a Super Buyers market, sellers are paying buyers closing cost, Ask Me How!

Fill in out and Manny will contact you with More Info: 

	First Name:* Last Name:* E-Mail:* Phone:* Loan Amount: Loan Purpose: Purchase Refinance Refinance & Cash Out Loan Program: 50 Year Fixed 40 Year Fixed 30 Year Fixed 20 Year Fixed 15 Year Fixed 3/1 ARM 5/1 ARM 7/1 ARM 10/1 ARM Adjustable Interest Only Property Use: Primary Residence Second Home Rental or Investment Property Type: Single Family Condo/Townhouse 2 Units 3 Units 4 Units Other Property Value: Enter Code Shown:* * Required