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Tempe, Ariz. — May 20, 2014 — TruWest® Credit Union is again making WISHes come true by giving Phoenix and Austin families cash assistance with down payments on homes using federal funds. The Workforce Initiative Subsidy for Homeownership (WISH) program pairs low- to middle-income families with the funds necessary to achieve the dream of homeownership.
This program provides up to $15,000 for each household, matching up to $3 for each $1 saved by the homebuyer, to be used for the down payment and closing costs involved with purchasing a home. Grant funds are available on a first-come, first-serve basis as long as escrow opens by March 31, 2015.
“The most difficult obstacle for me to overcome in buying a home for my family was coming up with the down payment,” says Dustin L., a recent WISH recipient. “The process was easy. In fact, I applied online at truwest.org, and within a week completed the housing counseling course that the WISH program requires. Within a month, I found my house and made an offer.”
Some restrictions apply for buyers to be eligible for WISH program funds. Individuals must meet normal credit qualifications and income eligibility guidelines to receive funds. Read more at www.truwest.org/mortgage/wish-program.
Interested buyers can visit online, or call 1.855.841.9203 for more information.
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About TruWest Credit Union TruWest Credit Union is headquartered in Tempe, Ariz., and operates as a cooperative to provide its membership with a lifetime of quality financial services and a culture of caring for its members, employees and communities. TruWest is a strong and sound financial institution with more than 64,000 members and assets totaling more than $791 million. TruWest Credit Union has 13 branches – nine in the metro Phoenix area and four in Austin, Texas.
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