|
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: 480.344.3358
Cell: 480.529.1351
E-Fax: 480.344.7917
Address:
1910 S. Stapley Dr.
Suite 107
Mesa, AZ 85204
http://submort.com/shawnkelley/
|