Pima County Down Payment Assistance

Tucson Pima County Down Payment Assitance

Tucson-Pima County Down Payment Assistance

Living in Pima County/Tucson area and wishing you had access to a great down payment assistance program? Your time has come! The Pima-Tucson Homebuyer’s Solution Program is a new down payment assistance program available in Pima County. The Pima-Tucson Homebuyer’s Solution Program is open to all homebuyers that are purchasing a primary residence. The program can be combined with a Conventional (Freddie Mac), FHA, USDA and VA home loan products.

How Much Down Payment Assistance Do You Get?

Buyers can get down payment assistance between 3% and 5% (depending on what type of home loan is used). Down payment % is based on the loan amount. For example:

3% Grant on a $200,000 purchase with 5% down would be: $190,000 x 3% = $5,700

The down payment assistance funds are given to buyers in the form of a Grant. The best news – down payment assistance funds for the Pima Tucson Homebuyer’s Solution Program do NOT need to be paid back. The buyer receives a 30-year fixed rate home loan at a competitive interest rate. The down payment assistance funds are applied toward the buyer’s down payment and/or closing costs.

Tucson-Pima County DPA Basic Requirements

1. Minimum credit score 640
2. Max Income limit (contact The HOUSE Team for more)
3. Down Payment Assistance Grant is based on loan amount
4. Can still close in just 30 days!

Learn more about this Tucson area down payment assistance program.

By Jeremy House & Pete Marthaler

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Jeremy is the Founder of The HOUSE Team and a Sr. Loan Officer/Branch Manager with PrimeLending. Over the past several years he has ranked in the top 1% of all loan officers nationwide and one of the top 200 loan officers in America. In the mortgage industry, the devil is in the details. Jeremy prides himself on being a student and an expert when it comes to everything mortgage related.

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