Key Takeaways of a First Time Home Buyer Program in the US State of Arizona
Almost all individuals dream of owning a home or property where they can spend their lives and generations to come. Therefore, it becomes imperative to choose the most appropriate home buyers program that specifically looks into their need of property ownership, by providing them secured mortgage loans and ‘easy approval’ finances. And, if you happen to be a first-time home buyer in the US, you get discounts, subsidies and an easy mortgage qualification process. Here in Arizona, one such company that looks into your home loan AZ requirements is “Affordable Interest Mortgage”. Who qualifies for a first time home buyer loan? According to the US Department of Housing and Urban Development, an individual who has not owned a residence for 3 or more years, qualifies for this particular program. Secondly, a displaced homemaker or a single parent who has only owned a residence with his/her spouse, while being married. Thirdly, a person who was not in possession of a residence that is/was