SouthEastern Arizona Governments Organization

Save My Home AZ

Qualifications

Eligibility for the Saving My Home AZ assistance is based on a variety of factors.
The household must have gross income (the total income before taxes, health care costs, Social Security, etc.) of no more than 120 percent of the area median income for the county in which the property is located. The below table reflects 120 percent of the area median income by household size and county.  

• The first mortgage must be a Full Income Document, Fixed Rate, fully amortized transaction.
 
• Maximum First Mortgage Amounts are Government Sponsored Entities conforming loan amounts to $729,750.00 for one unit dwelling. 
 
• Maximum debt-to-income program ratios of 31/45 to include Auto Loans and Government Backed loans.
• Customer must be a minimum of 60 days past due.
 
• Customer must be no less than 60 days from Trustee Sale Date.
 

How do I Start?

To determine if you may be eligible for the SMHAZ program, log on to our web site www.azhousing.gov and complete an online application. You will then be contacted by a HUD approved counselor.  

Contact person: Julie Packer

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