Oakwood Homes launched a first-time homebuyer program in partnership with Home+Plus, Nest Home Lending and the Arizona Industrial Development Authority.
The program will allow qualified buyers to borrow with below-market interest rates and receive up to 4% down-payment assistance. Certain buyers may even qualify to purchase a home with $0 down.
“Oakwood Homes is committed to making homeownership a reality for more Arizonans,” Arizona Market President Michael Fraley said in a press release. “Our hope is that this program empowers individuals and families to build financial strength, stability and independence through homeownership.”
Full program details are available on Oakwood Homes’ website. The builder offers homes in the Phoenix area priced from the high $200,000s.