Pima Tucson Lighthouse provides a valuable service to families looking to purchase their dream home: down payment assistance. Our program creates affordable down payment assistance to help families get into the home they need. With our help, families are one step closer to realizing their dream of homeownership.
Low Mortgage Rate
4% Down Payment Assistance
Most interest rates fluctuate day to day, but with Lighthouse we have locked in a low rate of 6.2% so that no matter what happens to the market you can feel safe and secure mortgage rate.
We provide 4% of the total mortgage amount as cash up-front for your down payment.
The typical homebuyer gets about $14,000 in support!
If you stay in your home for 3 years or more, you never have to worry about paying back the down payment assistance!
It converts into a grant after 3 years!
High inflation and high prices started chipping away at the money I saved for my first home,
but now, with the Lighthouse program,
I can put down a downpayment and locked in a low interest rate!
We couldn't do this program without the hundreds of lenders who make it happen!
This program will go fast, so make sure your clients don't miss out
GET CERTIFIED NOW
You must be approved to do business with US Bank, who is acting as the Program’s Master Servicer.
If you are not already doing business with US Bank, you will need to submit a request to receive the appropriate documents for execution. US Bank will notify the Lender and the IDA's when approved.
If you need further assistance with US Bank,
you can contact:
Client Administration Department
800-562-5165 Option 2
First-time homebuyers (some exceptions apply)*
Government loans only
Valid in Tucson & Pima County only
Must apply & gain approval prior to home closing
Cannot be combined with other federally secured products (ie. Mortgage Credit Certificate)
Household Income Limits
Purchase Price Limits
*Applicants who are military veterans or who purchase in target areas do not have to be first-time homebuyers.
**Target Areas are determined by census tract. For a list of target areas in Pima County, please visit https://cictucson.org/mcc/target-areas.
Lenders must gain approval prior to home closing or
may be subject to bond mortgage liability.
Curious How PTHS and Lighthouse Stack Up?
If you are familiar with our signature product, Pima Tucson Homebuyer's Solution, you may wonder how the programs differ. Here is a side-by-side comparison.
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