Middle Income Down Payment Assistance

¹Must qualify. Subject to credit, program, and collateral approval, program availability, and terms and conditions. Restrictions apply. Limited time and while supplies last. Must qualify as a TruWest member. Down payment percentage is calculated as the difference between the lesser of the purchase price or appraised value of the home and loan amount. Borrower minimum downpayment contribution is $10,000. Maximum program assistance amount of $50,000 subject to availability of funds. First lien conforming loans only. Enrollment in the MDPA Program is not a guarantee to the borrower of receipt of funds. The borrower(s) must sign a Certification and Disbursement Request form certifying they have complied with the program requirements. If borrower(s) fails to comply with the program requirements the grant will be paid back to the grantor or lender. TruWest’s MDPA program limited to Arizona borrowers and Arizona properties. Programs, rates, restrictions, terms and conditions are subject to change without notice.
²Must be 18 years of age or older and earning a wage. Property must be located in Arizona. Restrictions and further qualifications apply. Contact TruWest Credit Union for full first-time homebuyer qualifications.
³Annual income limit is the combined annual income of all approved borrowers listed on the application. Annual income is determined at the time of enrollment in the MDPA Program, and based on income eligibility guidelines published by Federal Home Loan Bank of San Francisco and is between 80.01% – 140% of the HUD area median income.