Phoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financingPhoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financingPhoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financingPhoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financingPhoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financingPhoenix Arizona home loans including FHA loans, VA mortgages and conventional home loan financing   
 
Officer  Next Door Program 
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Officer Next Door Program

Officer Next Door Program - Information on how to qualify for the officer next door program (OND) when purchasing a HUD home.  Loan programs, FAQ, revitalization areas and available homes. HUD's Officer Next Door program offers HUD-owned, single family homes to law enforcement officers at a 50 percent discount. Its goal is to to prevent crime and promote neighborhood safety and security by encouraging law enforcement officers to become homeowners and residents in economically distressed communities. 

Under the program, HUD offers homes located in designated revitalization areas. Revitalization areas are typically in low- and moderate-income neighborhoods, have many vacant properties and often have high crime rates, but are considered good candidates for economic development and improvement. 

Homes offered for sale in the program were previously insured through the Federal Housing Administration (FHA) and then foreclosed. HUD also reduces the down payment requirement to just $100 if the home is purchased with an FHA insured mortgage

Officers must live in the property as their sole residence for at least three years after purchase. A law enforcement officer who is employed full-time by a federal, state, county or municipal government and is sworn to uphold, and make arrests for violations of federal, state, county or municipal laws is eligible to participate in this program. 

For more information about this program in Arizona, call us at (602) 993-0000.

To receive a free copy of the Arizona HUD homes list, click here.

 

 

 

Phoenix Arizona FHA home loans, VA home loan and mortgages / real estate loansPhoenix Arizona FHA home loans, VA home loan and mortgages / real estate loansPhoenix Arizona FHA home loans, VA home loan and mortgages / real estate loans

 

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11024 N. 28th Dr., Ste 200, Phoenix, AZ 85029 (602) 993-0000
Sun Nations Mortgage, Inc. is a licensed Arizona lender (MB#13507) and HUD approved lender.