Arizona Mortgage Guru Rotating Header Image

Posts Tagged ‘assistance’

More Money For Down Payment Assistance Program

I receive a lot of questions on the Home in Five Down Payment Assistance Program. The most popular question is of course regarding the availability of funds for non-targeted areas. Well, if you were waiting for these funds before making your purchase then wait no more. We have some good news today. I received [...]

Federal Aid to Distressed Homeowners Closer to Reality

Two key Senators on the Senate Banking Committee have reached an agreement to help distressed homeowners.
According to Bloomberg:
“The primary goal is to keep people in their homes, but also to help establish a floor and a bottom” to the housing slump, Dodd, a Connecticut Democrat, told reporters during the call.
The proposed legislation would a create [...]

Funds Reallocated in Downpayment Assistance Program

The downpayment assistance program, which we participate in, the Home in Five Program (only for Maricopa county) had been running out of funds recently. Actually to be more precise funds for non targeted areas had been running out, there was always plenty of money for targeted and priority areas. Late last week the program announced [...]