What is HOME+PLUS
The social and economic benefits of homeownership are many. A home creates an asset that provides the ability to create wealth, borrow, and achieve self-reliance. Plus, renters may actually realize monthly savings on buying vs. renting. Yet with increasing rents, stagnant wages, and high levels of student loan debt, it can be VERY difficult for first-time or boomerang homebuyers to save enough money for a down payment.
The very popular HOME+PLUS Home Buyer Down Payment Assistance Program seeks to eliminate this hurdle, offering a pathway to homeownership by giving creditworthy renters who can qualify for a mortgage, but cannot afford the down payment and or closing costs, the funds to move forward.
Administered by the Arizona Industrial Development Authority (Arizona IDA), a nonprofit corporation and political subdivision of the State of Arizona, the HOME+PLUS Home Buyer Down Payment Assistance Program provides a 30-year fixed-rate mortgage combined with down payment assistance (DPA) ranging from 0% – 5% depending upon the new underlying first mortgage. The DPA can be used toward the down payment, closing costs, or a combination of the two. The DPA is only available in conjunction with a HOME+PLUS mortgage.
Company Details
- Address
- Scottsdale, Arizona 85253, Us
- Industry
- Real Estate
- Website
- https://HomePlusAZ.com
- HQ
- Scottsdale, Arizona
- Competitors
- URB - Chicagos #1 Cash Home Buyer | (847) 673-7575, Cash Home Buyer Pros, Patina Home Buyer LLC, The Trusted Home Buyer, Twin Home Buyer, A Cash Home Buyer, Valley Home Buyer, Home Buyer Tom, Real Deal Home Buyer LLC, Hank Buys Homes (Sell Home Fast, Sell House Cash, Sell House No Repairs).
Home Plus Arizona - Home Buyer Down Payment Assistance Program Questions
Home Plus Arizona - Home Buyer Down Payment Assistance Program's website is https://HomePlusAZ.com
Home Plus Arizona - Home Buyer Down Payment Assistance Program's LinkedIn profile is https://www.linkedin.com/company/home-plus-arizona
Home Plus Arizona - Home Buyer Down Payment Assistance Program's industry is
Real Estate
Home Plus Arizona - Home Buyer Down Payment Assistance Program's top competitors are
Urb - Chicagos #1 Cash Home Buyer | (847) 673-7575,
Cash Home Buyer Pros,
Patina Home Buyer Llc,
The Trusted Home Buyer,
Twin Home Buyer,
A Cash Home Buyer,
Valley Home Buyer,
Home Buyer Tom,
Real Deal Home Buyer Llc,
Hank Buys Homes (Sell Home Fast, Sell House Cash, Sell House No Repairs).
Home Plus Arizona - Home Buyer Down Payment Assistance Program's categories are Real Estate
