Home in Five BOOST

Type

Lender Credit

Special Requirements

None

The Home in Five BOOST Program is provided by a partnership between Lakeview Loan Servicing, Maricopa County IDA and the Phoenix IDA.


Benefit

Extra 0.5% in DPA

Start Date

07/22/2022

End Date

Permanent

How it works

A new product named Home in Five BOOST has been introduced to provide additional assistance to homebuyers in qualified low-income neighborhoods. This initiative aims to increase homeownership in such areas by offering a 0.5% boost in aid to eligible buyers. Check with an RMM PROLender to see if you may qualify.

Loan Programs that can be used with this special offer
Home in Five Conventional Loan - Low Income

Best For: First Time Homebuyers, Low Down Payments

Conventional option for low income Maricopa County residents seeking down payment assistance from the Home in Five Program.

Min. Credit Score

640

Min. Down Payment

3%

Max. Loan Amount

$726,200

Home in Five FHA Loan

Best For: First Time Homebuyers, Low Down Payments

FHA program for Maricopa County, AZ residents seeking down payment assistance through the Home in Five Program.

Min. Credit Score

640

Min. Down Payment

3.5%

Max. Loan Amount

$472,030

Home in Five Conventional Loan - Median Income

Best For: First Time Homebuyers, Low Down Payments

Conventional option for median income Maricopa County residents seeking down payment assistance from the Home in Five Program.

Min. Credit Score

640

Min. Down Payment

3%

Max. Loan Amount

$726,200

Home in Five VA Loan

Best For: First Time Homebuyers, Zero Down

VA loan for Maricopa County, AZ vets and active-duty military seeking down payment assistance through the Home in Five Program.

Min. Credit Score

640

Min. Down Payment

0%

Max. Loan Amount

$726,200

Home in Five Advantage 5%

Best For: First Time Homebuyers, Lowest Rates, Zero Down

The Home in Five program provides up to 5% down payment and closing cost assistance for Maricopa County homebuyers.

Min. Credit Score

640

Min. Down Payment

0%

Max. Loan Amount

No Limits

Home in Five Advantage 6% Heroes

Best For: First Time Homebuyers, Lowest Rates, Zero Down

The Home in Five Heroes program provides up to 6% down payment assistance for military, teachers, and first responders.

Min. Credit Score

640

Min. Down Payment

0%

Max. Loan Amount

No Limits

* Some loan programs may not be offered by all featured lenders of ReviewMyMortgage.com and qualification guidelines may vary between them. Our team makes their best effort to keep loan program information up to date. Loan programs may change without warning. ReviewMyMortgage.com does not guarantee or offer any loan products. ReviewMyMortgage.com is strictly an educational resource hub for consumers.

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