5 Down Payment Assistance Programs in Arizona for First-Time Homebuyers
If you're a first-time homebuyer in Arizona, you may be wondering how you can afford a down payment on your dream home. Fortunately, there are several down payment assistance programs available to help make homeownership more accessible. Here are 5 programs that you can consider:
Home Plus: The Home Plus program provides down payment assistance of up to 5% of the loan amount. This program is available to first-time homebuyers and repeat buyers in Arizona. The funds can be used towards the down payment, closing costs, or both.
Pathway to Purchase: The Pathway to Purchase program provides down payment assistance of up to 10% of the purchase price, with a maximum of $20,000. This program is available to first-time homebuyers in certain areas of Arizona, including the cities of Phoenix, Tucson, and Yuma.
Home in Five Advantage Program: The Home in Five Advantage Program provides down payment assistance of up to 4.5% of the loan amount. This program is available to first-time homebuyers and repeat buyers in Maricopa County and parts of Pinal County.
Arizona Home Foreclosure Prevention Funding Corporation: The Arizona Home Foreclosure Prevention Funding Corporation provides down payment assistance of up to $10,000. This program is available to low- to moderate-income first-time homebuyers in Arizona.
NeighborhoodLIFT: The NeighborhoodLIFT program provides down payment assistance of up to $22,500. This program is available to low- to moderate-income first-time homebuyers in Maricopa County.
These programs are just a few examples of the down payment assistance programs available in Arizona. They can make it easier for first-time homebuyers to achieve their homeownership goals. If you're interested in applying for any of these programs, be sure to do your research and find out if you qualify. With the right assistance, you can make your dream of owning a home in Arizona a reality.
Alberto Ceja 623-313-8534
Ruby Threlkel 623-326-0029