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Signals AZ Features LIGHTHOUSE 3.0: Pima County IDA Offering Assistance to First-Time Homebuyers

On February 22, the interest rate for LIGHTHOUSE 3.0 was locked in at 6%, roughly one percentage point below the current residential rate on a 30-year mortgage.

Providing the homeowner stability in a fluctuating market, first-time homebuyers can receive up to 4% of the total mortgage amount up-front for down payment or closing-cost assistance. If the LIGHTHOUSE homebuyers stay in their home for five years, the loan for that assistance is fully forgivable. Read more:


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