DPA or Down Payment Asst. & seller paying closing costs

BELOW IS A SUMMARY OF QUAL/PROCESS FOR FUNDS

Limited funds available for households below 80% of the median and for those 80% - 100% of the median (see chart below)  Assistance amounts are 3.5% of the purchase price or $5,000 (whichever is less).

ASK ABOUT NEW HOMES AVAILABLE OFFERING LARGER HOMEBUYER ASSISTANCE AMOUNTS!

*First time homebuyer definition - borrower has not had homeownership interest in a home within the past 3 years.

Homebuyer Application Process:

1.  Attend Homebuyer Education class. 

2.  Meet with a certified Housing Counselor who will:  

• Help you determine how much you can reasonably afford to pay for a home
• Help you with securing an affordable loan (includes working with existing lenders)
• Determine if you income qualify for down payment assistance.  FHR will provide you with further information about the availability of assistance when you meet        

bilingual staff and homebuyer education courses in Spanish. Se habla Español.

I funded 3 clients in 60day on this program above and YourWayHomeAZ.org funds are still not available but they are working on that so God willing. Yes the funds for 3.5% are almost gone I have been fortunate enough to have built some great realtionships with Certified Hud Agencies when I worked for a 501c3 Mortgage Broker 4yrs ago so I have been able to locate funds for my buyers. Call me if you have any Q or if I can help out in any way. Dennis from Miracl Mortgage is there now correct tell him I said hello. Ba

I want to invite you to an exclusive presentation to Nova Home Loans and our Business Partners from Barry Habib MMG Thursday August 6 at the DoubleTree Reid Park 4-5:30PM.  He showed up last year and it was standing room only SO PLEASE RSVP ASAP.

Juan "JD" Delgado

Nova is S. Arizona's #1 Mortgage Lender

Apply www.delgadoteam.com

Office: 520-202-5258

Cell: 520-235-9697

Fax: 520-618-1299

"Do you have any family members, co-workers, or friends that need to refinance or are purchasing a home?  Can I count on you to refer them to The Delgado Team?"