If you are interested in buying a home, but do not have a lot of money to put down, you may consider a down payment assistance loan. Below are a few great options that are currently available in Yuma county for down payment assistance!
The Home Plus Program offers 3-5% down payment assistance in the form of a grant. The good news is you never have to pay it back! There are both conventional and government loan options available on this program. This is a great option for borrowers who need down payment assistance anywhere in Yuma county! Read more on our Home Plus Program Page.
The Pathway to Purchase (P2P) Program offers 10%, up to $20,000 in down payment assistance for qualified buyers in Yuma. This money can be used for down payment, closing costs, prepaid items and/or mortgage insurance. While you will have to sign a 2nd mortgage note for this money, the note is 100% forgiven after 5 years. This is a new program as of 3/2/2016, and funds are limited, and awarded on a first-come-first-serve basis. P2P is an excellent option for qualified buyers who plan to stay in the home for more than 5 years. Read more on ourPathway to Purchase Program Page.
This page will be updated as programs change, and any new programs become available, so visit us again soon!
You may also be interested in…
How to Buy a House in Yuma AZ With Next to Nothing Down
The Top 5 Ways to Buy a House with Zero Down in Yuma AZ