Attention Police! Down Payment and Closing Costs Assistance Program.

Community First Financial has partnered up with Maricopa County's initiative to offer Police Officers down payment assistance. The program is designed to help homebuyers purchase a newly constructed or existing home by providing a below market mortgage interest rate with a 5% grant for down payment and closing cost assistance. The qualified borrower will receive the non-repayable grant that can be used anywhere in Maricopa county.

Eligible properties For Targeted and Non-Targeted Area's

-Single family detached houses

-Condominiums

-Townhouses

-Duplex older than 5 yrs

-Planned Unit Developments (PUDs)

-Within Purchase price limitations

•· New/Existing one unit: $311,625(Non-Targeted)

•· New/Existing one unit: $380,875(Targeted)

Eligible Borrowers For Targeted and Non-Targeted Area's

-First time homebuyers(have not owned home in last three years)

-If home is in a Targeted area the buyer does not have to be a First time homebuyer

-Primary residence

-Purchase only

-Within household income limitations

•· 1-2 Person household = $64,524(Non-Targeted)

•· 1-2 Person household = $74,203(Targeted)

Community First Financial has streamlined this process for the individuals or families who are wanting to qualify. Buyers purchasing a home in certain targeted area's within Maricopa county will receive a lower interest rate along with a 6% grant for down payment and closing cost assistance. To find out more on the downpayment assistance and to get a targeted area map contact Nick Porter.

Community First Financial, LLC
7575 E Redfield Rd, Suite 235
Scottsdale, AZ 85260
480-305-8900 Ext: 302
541-231-3040 Cell
480-718-8802 Fax
www.LawEnforcement1st.com