K. Hovnanian Homes can help you take advantage of a Zero Down Payment Assistance Program. This is your last chance to take advantage of zero down to buy a home, but you must act now. This once-in-a-lifetime offer expires August 31.

Also ask about 5.99% 30-year fixed-rate financing on select homes, with payments as low as $910 / month! That's available during August only, so if you've been thinking about buying a new home, it may be now or never.

You'll love the superior quality and remarkable value of K. Hovnanian Homes, located throughout the Valley with prices from the $120s.

Click here to visit our Phoenix communities

*Purchase Price: $154,510 Payment: $910.64 Mortgage Type: 30-Year Fixed FHA K. Hovnanian Homes & K. Hovnanian American Mortgage, LLC.**Based on a note rate of 5.990% on a 30-Year Fixed FHA mortgage APR of 6.5367%. Full income and asset documentation. First mortgage payment of $910.64 principal and interest. Payment does not include taxes and insurance, private mortgage insurance, nor homeowners association dues, if applicable. Mortgage Insurance of $68.30 per month. Rates are subject to change without notice. Based on a total loan amount of $152,050 which includes FHA required upfront mortgage insurance premium to be financed in loan, and an assumed purchase price of $154,510. A minimum 3% statutory investment is required as FHA down payment. ***Closing costs, if applicable, of up to 2.875% paid by seller, at seller's discretion. Seller contribution limits apply, if applicable. Available only for closed purchase agreements with K. Hovnanian American Mortgage, LLC. This offer is for selected homes only and is only valid on homes closing on or before October 31, 2008, and is subject to qualification. Availability subject to change without notice. Additional credit restrictions may apply. This is an example and an estimate of principal and interest only. No offer for sale or lease may be made or accepted until buyer's receipt of Arizona Subdivision Public Report. (c)2008 K. Hovnanian Great Western Homes, LLC (ROC 188563), Equal Housing Builder.