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!

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Creative ways down payment assistance can be used to help a buyer compete in today’s market.

The HOME Plus program has always been and will always be a vehicle to move renters into homeownership by providing buyers a source of funds for their down payment and or closing costs.  But in today’s red-hot real estate market, buyers with 5% – 8% of available funds, who traditionally would have had enough money to purchase a home, are coming up short. What can they do? Look to the AzIDA HOME Plus program to help bridge the gap and make them a more competitive buyer. Click below to watch the “Usage of the DPA Funds” video to learn more.

This is just one of forty-six new HOME Plus videos that provide buyers, realtors and lenders with greater insight into down payment assistance and the AzIDA HOME Plus program.

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