Home Plus Program

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The Arizona Department of Housing, seeks to provide assistance to creditworthy renters who can qualify for a mortgage but lack the resources for the down payment. The HOME Plus Home Loan Program provides an attractive 30-year fixed-rate mortgage with a down payment assistance (DPA) grant that can be used toward the down payment and / or closing costs.

DPA is a non-repayable grant for down payment and closing costs, equal to a percentage of the initial principal balance of the mortgage loan.  DPA is only available in conjunction with a HOME Plusloan. Qualified U.S. Military Personnel may receive an additional 1% on ANY mortgage type.

HOME Plus Program Highlights:

  • Mortgage for the purchase of an Owner occupied, Primary Residences in Arizona.
  • Borrower(s) Income not to exceed $92,984.
  • Purchase Price limit not to exceed $371,936.
  • Each borrower must complete a homebuyer education course before closing.  The homebuyer education requirement may be met by taking a pre purchase course through an internet-based program developed by mortgage insurance companies, or through another HUD-approved homebuyer education provider.  For more details, see the last page of the HOME Plus Participating Lender document.


Mortgage Type Down Payment
Minimum Credit
Geographical Restrictions
(NOT available in…)
Fannie Mae HFA Preferred 5% 640 Pima County
Fannie Mae HFA Preferred 4% 640 Pima County
Fannie Mae HFA Preferred 3% 640 Pima County
Freddie Mac HFA Advantage 4% 640 Pima County
FHA 4% 660 Maricopa & Pima County
FHA 3% 660 Maricopa & Pima County
USDA-RD 2% 640 Maricopa & Pima County
VA 2% 640 Maricopa & Pima County

*On Fannie & Freddie minimum credit score on ANY LTV = 640.  Condos max LTV 95%. DPA is NOT tied to LTV.

First Step:

The homebuyer MUST work through one of ADOH approved and participating mortgage lenders.  The lender will be your point of contact through the process working with the homebuyer to obtain a program qualifying mortgage and registration for the down payment assistance grant.

Please see HOME Plus Participating Lenders for the program approved lenders. 

ADOH raises funds for our initiatives in the national capital markets and forms partnerships with banking and lending institutions to facilitate our HOME Plus Home Loan Program throughout the State.  No taxpayer funds are used for this program.


Source: Arizona Department of Housing

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