IT HAPPENS EVERY DAY. RENTERS QUALIFY TO BUY A HOME. THEY HAVE GOOD CREDIT AND STEADY INCOME AND ARE READY TO TAKE THE NEXT STEP. SO WHAT'S HOLDING THEM BACK? DOWN PAYMENTS AND CLOSING COSTS. 

Fortunately, Arizona home buyers have a couple of programs available to them. And qualifications for these programs can vary. Income, credit score, and debt-to-income ratios, the type of loan and purchase price are just a few of the factors. Some down payment assistance programs offer funds in the form of grants, which do not require repayment and some programs are part of a mortgage program.

So before you think you can qualify for a home, but can't afford to buy one, talk to your REALTOR about available programs, and get qualified with a participating Lender.  

You can check out some of the currently available programs here.  And if you are looking for home buying assistance, you can contact me here.