Click Here To See 2010 Pima County Bond Program
In the Tucson Metro area, we are fortunate to have a program designed for First-Time Homebuyers of modest means to finance home purchases at low interest rates using FHA & VA loan programs - without having to come up with a huge downpayment OR relying on grants or seller assistance: The Pima County Bond Program!
Back in August, I wrote about this opportunity for buyers: 100% Financing For First-Time Homebuyers
At that time, there was approximately $10 million in funds available, but the response has been so great that funds are being used up at the rate of roughly $1 million per week! As of this week, there is about $5 million left for 2008...so it is time to move, buyers: The clock is ticking on 5.99% guaranteed 30-year fixed loans.
After the funds dry up, we'll have to wait until next year to see how much will be in the kitty...and at what interest rate!