The Pathway to Purchase Down Payment Assistance Program provides a 30-year fixed-rate mortgage with a Down Payment Assistance second mortgage equal to 10% OF THE PURCHASE PRICE, UP TO $20,000.
The down payment assistance can be used toward the down payment and/or closing costs.
PROGRAM HIGHLIGHTS
- Owner occupied, primary residence only.
- Max purchase price of $439,860.00.
- Existing, previously occupied properties only.
- Each borrower must complete a homebuyer education course.
- Borrower(s) Income not to exceed Freddie Mac FHA Advantage ≤ 80% AMI
ELIGIBLE CITIES & ZIP CODES
SIERRA VISTA
85650, 85635
GLENDALE
85301
GREEN VALLEY
85614
KINGMAN
86409
BULLHEAD CITY
86442
PHOENIX
85042, 85016, 85017,
85051, 85041
SAHUARITA
85629
TUCSON
85730, 85706, 85747, 85712,
85710, 85711, 85713, 85746
YUMA
85364, 85365, 85367
RIO RICO
85648
CASA GRANDE
85122
VAIL
85641
*Funding for the Pathway to Purchase DPA Second Mortgage Program is provided by the U.S. Department of the Treasury through the Troubled Asset Relief Program; Hardest-Hit Fund.
The P2P Program has an additional allocation and is available on a first come first serve basis.