First Time Home Buyer Assistance Programs
Talbot Team Understands Arizona's First Time Home Buyer Assistance Programs
Worried you will never be able to save enough to buy your first home?
First time home Buyer Assistance can be provided in the form of:
– Reduced or eliminated mortgage insurance – Higher debt-to-income ratios (helps You qualify for a home)
Grants Pay For:
– Down payment
– Closing costs
– Can be used to buy down your interest rate
* Take advantage of these benefits with credit as low as 640
Trust Talbot Real Estate Team's experience, knowledge and resources to guide you to homeownership.
"There are many reasons to buy a home as opposed to renting year after year. We help a lot of first time home buyers gain homeownership who otherwise thought they couldn't before they spoke with us."
-Tama Talbot Ortiz
The Top Reasons People Buy Instead of Rent.
Gaining equity through reducing your loan balance with a portion of every payment and market value appreciation are probably the two most significant reasons to buy real estate. A buyer of an average home purchase in The Phoenix Metro Area, will gain a $59,000 benefit with home ownership over a 5 year period when compared to renting. That appreciation creates options. For example, you can borrow usable cash against that equity if circumstances present the need for cash. This is not to mention the ultimate option of the legacy you will leave.
How do I apply?
The are several First Time Home Buyer Programs , often called Down Payment Assistance or Housing Grants, available in the Greater Phoenix Arizona Metro Area. A combination of flexible qualifying criteria and generous benefits means there are options for every Home buyer.