I receive a lot of questions from readers on the current status of the Home in Five down payment assistance program. I might as well answer these questions here. The long and short of it it is that currently I am unable to work with the Home in Five program. From what I currently know the program is not funded, meaning there is no money available for down payment assistance. If things should change I will update this blog accordingly.
For those not familiar with the Home in Five program provides 5% down payment assistance to any homebuyer who meets the income and acquisition price limits. The household income requirements range depending on the area within Maricopa county. The program targets borrowers with moderate to lower incomes. The other factor that plays a significant role in the program is the area where the property is located.
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on Apr 27th, 2009 at 10:19 am
Hello,
I am curious to see if this program is still being funded? I am a new home buyer and just starting the process and have no idea where to start. I have excellent credit and a small amount of money saved up. I am looking at the Chandler/Tempe/Mesa/Gilbert areas. Any info on where to begin my search for an agent would be greatly appreciated!
Thanks
PA
on Jul 6th, 2009 at 3:22 pm
I’m looking for some down payment assistance from the Home in five program. I want to see if you can help. The areas I’m looking for in the the East Valley Gilbert, Higley, Queen Creek. Where do I start.
Thanks,
Mike