Did you know that a whopping 40% of potential homebuyers say the lack of a down payment prevents them from buying a home.
Pima County homebuyer can now access a 4% down payment program known as the Lighthouse 4.0.
This down payment assistance program locks in a fixed rate low-interest mortgage of 6.13% and will become a grant if buyers live in their homes for at least five years.
On average, this 4% assistance equates to approximately $15,000.
Ask your mortgage lender for more information today! But don’t wait. The $25 million of bond funds are likely to run out before the summer.
FMI: Pima Tucson Lighthouse Program — https://www.pimatucsonhomebuyers.com/lighthouse
FMI: Pima County Industrial Development Authority (Pima IDA) a nonprofit corp.
https://pimaida.org/programs-and-impact/pima-tucson-homebuyers-solution/