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With "Pathway to Purchase," this dream can be a reality...
Up to $20,000 in Down Payment Assistance with limited reservations available!
Need more information? We've got you covered!
So you want to know even more? Looks like you came to the right place!
The Pathway to Purchase Program offers a 30 year fixed, fully amortizing first lien mortgage loan (a “Pathway to Purchase Loan”) and a Down Payment Assistance (DPA) second mortgage equal to 10% of the purchase price of the subject property, subject to a maximum of $20,000. The funds from the Pathway to Purchase/DPA second mortgage can be used for down payment, closing costs/prepaids and mortgage insurance premiums.
DPA Second Mortgage is a lien against the subject property with the following:
• Five-year, deferred loan 100% forgiven after five years
• 0% interest rate and no monthly payment
Limited reservations for funds are available on a first-come, first-served basis!
This is only available in the following cities:
* The Arizona Department of Housing has announced the Pathway to Purchase Program will be available August 1, 2018.
Copyright 2018 NOVA® Home Loans | 6245 E. Broadway Blvd., Suite 400 Tucson, AZ 85711 I BK 0902429 | NOVA NMLS#3087 | Ricky Abud NMLS#998857 Senior Loan Officer | 520-790-6682 | Ray Desmond NMLS#48274 Senior Loan Officer
*The Product/Program information contained here is educational only and may not represent actual rates or financing terms.
** Other conditions and restrictions may apply. Available programs are subject to change without notice. Contact your Loan Officer for more information.