Welcome to Eric Painter's Mortgage Market Blog!!

Eric Painter is a Senior Loan officer with Nova Home Loans in Tucson Arizona.

Monday, December 14, 2009

Your Way Home Arizona is running low on Money!

In 2009, Arizona Department of Housing started Your Way Home Arizon to help homeowners purchase forclosed homes. Over the last month Your Way Home Arizona has cut off several Arizona Counties form the progam and last week started limiting zip codes in the remaining counties. Your Way Home Arizona started out with $22 million for 2nd mortgages for buyers of forclosed propertes in Arizona. Hundreds of Arizona homeowners took advantage of this program to purchase these home but now this program is running out of money. Check with your loan officer for up to date details for Your Way Home Arizona.

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