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Gerald
Home Buyer
Gilbert

are there any programs to help a first time buyer in yuma arizona down payment wise. my credit

Wed Jun 11 2008, 01:43 - Yuma - Home Buying - 1 answer

isint the best but i have a good income

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FIRST: Gary Miljour

Gary Miljour
Real Estate Pro
Tempe

Wed Jun 11 2008, 10:03

FIRST ANSWER

Gerald,

Yes, there are some programs for first time homebuyers, I have helped a couple of clients now buy in Yuma who were 1st time homebuyers. The 2 best programs are FHA and VA. If you are a veteran, VA is the best route otherwise FHA.

FHA is a 3% down payment program however, the downpayment come be in the form of a gift and that gift can come from a non-profit organization such as Ameridream. Ameridream is the non-profit I work with all the time. Basically you would need to find a seller who would participate in this program. Its really not as complex as I am making it sound and I do this all the time for many clients.

Web Reference: http://www.garymiljour.com

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