Down Payment Assistance Programs
Down payment assistance programs are offered as grants which do not need to be paid back as long as the programs’ stipulations are met.
DPA Programs*
Arizona offers many down payment assistance programs for FHA and conventional loans including:
- Home In 5
- AzFHA Home Plus
*Eligibility subject to program stipulations, qualifying factors, applicable income and debt-to-income (DTI) restrictions, and property limits. Fairway is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency.
DPA Programs
Home In Five
Up to 3.5% of loan amount provided as a non-repayable grant to be used towards down payment or closing costs on a Maricopa County home. Maximum purchase price is $300,000 and is eligible for single family homes, condos and townhomes.
AzFHA Home Pus
Up to 5% of loan amount provided as a non-repayable grant to be used towards down payment or closing costs on an Arizona home.Maximum purchase price is $371,936 and is eligible for single family homes, condos and townhomes.
If you are interested in a DPA program, please contact us for a no-obligation consultation!