A NEW PROGRAM FOR ARIZONA HOMEBUYERS AS OF APRIL 1, 2024

The Arizona Is Home Mortgage Assistance Program is a first-time homebuyer program that provides below market 30-year fixed interest rates combined with 4% of down payment assistance / closing cost assistance. The Program is available in the following Arizona Counties: Apache, Cochise, Coconino, Gila, Graham, Greenlee, La Paz, Mohave, Navajo, Pinal, Santa Cruz, Yavapai, and Yuma. Eligible homebuyers must have annual incomes at or below 80% of the Area Median Income (AMI). The Arizona IDA offers the Arizona Is Home Program in all Arizona Counties except for Pima and Maricopa.

 

HOME BUYERS CLICK HERE

LENDERS CLICK HERE

BORROWER(S) MAXIMUM INCOME LIMIT HAS BEEN RAISED TO $122,100.00 (effective July 1, 2022)

Arizona HomeBuyer Down Payment Assistance

Available in Every County, City, Zip Code in Arizona!

Home Plus Logo

What is HOME+PLUS

Down Payment Assistance for Arizona HomeBuyers…
Available in Every County, City, and Zip Code!

The social and economic benefits of homeownership are many. Homeownership creates an asset that can provide increased wealth through equity, increase future borrowing power, and help to achieve self-reliance. And while new Arizona homebuyers are facing many headwinds in today’s market, their greatest challenge is saving enough for a down payment.
The AzIDA’s HOME+PLUS Home Buyer Down Payment Assistance Program seeks to eliminate the down payment hurdle. Offering a pathway to homeownership and giving creditworthy renters who can qualify for a mortgage but cannot afford the down payment and or closing costs, the funds to move forward.
The HOME+PLUS Home Buyer Down Payment Assistance Program provides a 30-year fixed-rate mortgage combined with up to 4% down payment assistance (DPA) depending upon the new underlying first mortgage. The DPA can be used toward the down payment, closing costs, or a combination of the two.
HomePlus - Arizona - Home Buyer Down Payment Program

What is HOME+PLUS

Down Payment Assistance for Arizona HomeBuyers… Available in Every County, City, and Zip Code!

The social and economic benefits of homeownership are many. Homeownership creates an asset that can provide increased wealth through equity, increase future borrowing power, and help to achieve self-reliance. And while new Arizona homebuyers are facing many headwinds in today’s market, their greatest challenge is saving enough for a down payment.
The Arizona IDA’s HOME+PLUS Home Buyer Down Payment Assistance Program seeks to eliminate the down payment hurdle. Offering a pathway to homeownership and giving creditworthy renters who can qualify for a mortgage but cannot afford the down payment and or closing costs, the funds to move forward.
The HOME+PLUS Home Buyer Down Payment Assistance Program provides a 30-year fixed-rate mortgage combined with up to 4% down payment assistance (DPA) depending upon the new underlying first mortgage. The DPA can be used toward the down payment, closing costs, or a combination of the two.

Home Plus Program Highlights

Available statewide, all Counties, all Cities, within Arizona.

Borrower(s) annual income not to exceed $126,351.00

One borrower must complete a
home buyer education course before closing.

Reduced mortgage insurance premiums
on conventional (Fannie/Freddie) mortgages.

 

Program Information

What to do now? Click below to learn more about HOME+PLUS credit score requirements, program guidelines, and first mortgage types offered.

Home Buyer Resources

To help you better prepare for buying your new home, HOME+PLUS has put together a list of resources and information from local, state, and national organizations.

Frequently Asked Questions

We have put together a list of questions and answers to help you better understand the HOME+PLUS home buyer down payment assistance program.

Home Plus
Program Highlights

Available statewide, all Counties,
all Cities, within Arizona.

Borrower(s) annual income not
to exceed $126,351.00

One borrower must complete
a homebuyer education
course before closing.

Reduced mortgage insurance
premiums on conventional
(Fannie/Freddie) mortgages.

en_USEnglish

WELCOME

Members and Friends of

Tucson Association of Realtors

Congratulations on
100 Years