Are tax refunds eligible for down payment on a house?

Is buying a home on your goal list for 2017?

USE YOUR TAX REFUND TO BUY YOUR DREAM HOME

Often times homebuyers need a small amount of cash to purchase a home in today’s

market:

• Use down payment assistance and your tax return money to purchase your dream home.

• Tax* refunds are eligible to be used for down payments or closing costs.

• We may be able to get a client who qualifies for down payment assistance into a home for as little as a security deposit on a lease.

FIRST-TIME HOMEBUYER?

Fairway offers multiple home loan programs for Arizona first-time homebuyers. If you are lacking in credit score or enough down payment, we have products and programs including down payment assistance to help you achieve the dream of homeownership.

Note of interest: Most Americans believe they have to have a 20% down payment to buy a home. On the contrary, there are multiple programs like FHA (3%) and VA (Zero-Down) in addition to Arizona Down Payment Assistance Programs.*

For more information on using your tax returns to buy a new home or Arizona down payment assistance programs, contact us HERE to get started.

*This article does not constitute tax advice. Please consult a tax advisor regarding your specific situation. Copyright © 2017 Fairway Independent Mortgage Corporation.

NMLS#2289. 4801 S. Biltmore Lane, Madison, WI 53718, 1-877-699-0353. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify.

Information, rates and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or

for all dollar amounts. Other restrictions and limitations may apply. Equal Housing Lender. Fairway AZ License #BK-0904162 & Arizona License Number