The Phoenix, Arizona Down Payment Guide

Everything you need to know about down payments when buying a home in the Phoenix metro area, fully updated for 2024!

Created by the trusted experts at the Home Buying Institute, the Phoenix, Arizona Down Payment Guide offers a wealth of useful information related to down payments.

This guide is the product of extensive and detailed research. It will help you make informed decisions when buying a home in the Phoenix area—decisions that could save you money and help you avoid financial distress.

Here is some of what you'll find inside this e-book:

• Part 1: Minimum Down Payments for Mortgage Loans
• Part 2: Typical Down Payments in the Phoenix Area
• Part 3: Down Payment Assistance Programs in Phoenix
• Part 4: Acceptable Sources for Down Payment Funds
• Part 5: Using 'Gift Money' for the Down Payment
• Part 6: Understanding Mortgage Insurance
• Part 7: How Down Payments Affect Mortgage Rates
• Part 8: How to Save Up for a Down Payment

For many Phoenix-area home buyers, the down payment represents the single greatest obstacle along the path to homeownership. This e-book explains how you could navigate your way over—or around—this upfront obstacle to reach your goal of homeownership.

Product Details

PDF file for instant download

30 pages in length

Last updated in summer 2024

100% unbiased and objective

About the Author

Brandon Cornett has been researching and writing about real estate trends and home buying topics for nearly 20 years. He is the founder and editor of the Home Buying Institute (HBI), an informational website that educates thousands of visitors weekly. His work has been cited by hundreds of news outlets and publishers.