The loan program that Chris mentioned is available from select lenders with a 1% down payment. Give one of us a call and we can make the introductions once we fully understand your situation.
Loren Hoboy-Buyer's Agent
Its a pretty slick program, call you mortgage broker and ask them if they work with any lenders that are familiar with the program.
The Chris Hutchinson Team
The Michael Group
The government stimulus down payment programs like yourwayhomeaz.com have dried up. The first time tax credit program is over.
There are still 0% down USDA loans available in cities classified as rural such as Buckeye and Anthem. For veterans, %0 down is available. Maybe someone in your family would qualifiy.
Seller's are often paying the buyers closing costs. An FHA loan is 3.5% down. A Fannie Mae loan is 3%. Talk to you lender and Realtor for more information.
Let me know if you have other questions.
Jeff Masich, Realtor
Feel free to contact me.
Feel free to log on my site and or contact me and link directly to my lender.
We also offer the FHA loan with down payment assistance which allows you to put 1% down instead of the standard 3.5%. Feel free to contact me and my team if you have any further questions or would like to get started on a pre-approval.
While not available for Glendale, The USDA loans have 0% down. You need to chose a qualifying home in say Buckeye, Waddell, the far west side to Surprise, Queen Creek, San Tan Valley adn other "rural" areas.