Buying a Home With Home in Five

Home In Five Down Payment Assist For Phoenix Homebuyers

Downpayment Assistance with Home In Five Loan ProgramThe Home in Five Advantage downpayment assistance program is available to residents and homebuyers in Arizona.

It’s designed to help expand housing access and affordability using various financial tools including loans, grants, credits, and down payment support.

This is an outstanding program that helps people get into homeownership when they may not otherwise have been able to.

Want to Buy a Phoenix Home With Down Payment Assistance?

We help people into homeownership.

We work with a variety of mortgage brokers and lenders who together, have helped homebuyers in the historic districts in Phoenix and surrounding suburbs, who are either first-time homebuyers or repeat homebuyers.

We’ve used this program countless times to help others successfully buy and own a home. This program helps buyers obtain a down payment on a home.

Why Rent In Phoenix When You Can Own a Home In Phoenix?

We love turning renters into owners especially as rents have continued to rise over time! My preferred lenders are closing more loans with this program than any other lenders in the State of Arizona.

It is a simple and wonderful program which helps many people become homeowners when they may not otherwise have been able to do so.

Home In Five Program For Phoenix Homebuyers

Home in Five, a down payment assistance program, is for both first-time home buyers and previous homeowners alike. Qualified buyers may receive up to 6% in down payment and closing cost assistance. Home in Five offers several assistance options including forgivable second mortgages, and repayment terms depend on the specific program selected.

Even then, any paybacks owed are prorated. Call us at (602) 400-0008 for more specifics and details on exact terms of this very generous program.

Program options, funding and terms can change, so current availability should always be confirmed with an approved Home in Five lender.

Get Free Money: Home in Five Eligibility Requirements:

  • Annual income limit up to $157,360 (Income limits can vary by loan and assistance options)
  • Minimum FICO credit score of at least 640
  • Debt-to-income ratio up to 50%
  • Occupy the home as principal residence within 60 days of closing
  • Complete a homebuyer education course (approximately 8 hours)
  • Terms Subject to change

Property Requirements for Home In Five:

  • Must be located within Maricopa County
  • No purchase price limit
  • Must be a new purchase, not a refinance
  • New or existing houses, condominiums or townhomes
  • Terms subject to change

Many of the programs are very generous providing options where you don’t have to pay back the down payment grant as long as you remain in accordance with the program’s guidelines. Additionally, the program offers additional bonuses for K-12 teachers, first responders, U.S. military personnel and veterans.

Further Reading:

Whether you’re buying or selling a home in Central or Downtown Phoenix, or just have some questions about any of the historic Phoenix districts, I’d be very happy to help you! Just call or email me anytime. You can ask me anything as I believe all questions are important and relevant.