|
5% GOVERNMENT GRANTS FOR DOWN PAYMENT AND CLOSING COSTS ARE AVAILABLE
|
|
|
|
|
Income Limits for Eligible Borrowers
|
Family of |
Non-targeted Area |
Targeted Area |
|
Two or fewer |
$64,524 |
$74,203 |
|
Three or more |
$74,203 |
$77,542 |
|
|
Homes must be located within Maricopa County, Arizona. |
|
|
|
The following home purchase price limitations apply for eligible residences:
Purchase Price Limits
|
|
Non-target Area |
Target Area |
|
Maximum |
$311,625 |
$380,875 |
|
Sales Price |
|
|
|
|
Down Payment Assistance
All qualified homebuyers will receive 5% of the original loan amount to be used for down payment and closing costs assistance.
|
Loan
Amount |
Down Payment
Asssistance Amount |
|
$75,000 |
$3,750 |
|
$90,000 |
$4,500 |
|
$125,000 |
$6,250 |
|
$165,000 |
$8,250 | | |
Email: Skelley@submort.com
Phone: 480.619.4408
Cell: 480.529.1351
E-Fax: 480.344.7917
Address:
1910 S. Stapley Drive
Suite 107
Mesa, Arizona 85204
http://submort.com/shawnkelley/
|