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.
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.
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!