Arizona Down Payment Assistance

down payment assistance az

Maricopa County Down Payment Assistance Programs

Down Payment Assistance Benefits Offered in Maricopa County

The Arizona Department of Housing offers a number of down payment assistance programs in Maricopa County.  These Maricopa County Home Buyer Assistance Programs are offered through the Home Plus and Home in 5 programs.

See If You Qualify For Home Buyer Assistance»

The top highlights for the program to help Maricopa County first time home buyers include:

  1. More Financing Options — The Home Plus down payment assistance program is now available to be used with government mortgage programs in Maricopa County.
  2. More People Are Eligible — Maricopa County Home Plus income limits are now $136,609.
  3. More Options in A Competitive Housing Market

In reference to these programs, Dirk Swift, The Home Plus Program Administrator for the Arizona Department of Housing stated, “I … will continue to work … to deliver the best DPA products to the marketplace in the most efficient and effective manner possible.”

Get Money To Buy Your Home Here»

Maricopa County Home Buyer Assistance Program Highlights:

  • Multiple Home Plus down payment assistance and financing options
  • Additional 1% down payment assistance for qualified U.S. active military and Veterans
  • There are NO first-time home buyer requirements under the Home Plus Program
  • The assistance money received is a silent second  that is forgiven monthly over the first three years of home ownership. The lien is completely forgiven after you stay in the home for three years without refinancing. The purpose of the silent second is to provide stability and ensure the ongoing success of the Home Plus Assistance Program in Arizona.

General Maricopa County Home Buyer Assistance Eligibility Requirements Through The Home Plus Program:

  • Mortgage for the purchase of a owner-occupied, primary residence only.
  • Borrower(s) Income not to exceed $136,609.
  • Maximum debt-to-income of 50%

Find Out If You’re Eligible»

IMPORTANT MORTGAGE DISCLOSURE

When inquiring about a loan on this site, this is not a loan application. This is not an offer to lend and we are not affiliated with your current mortgage servicer. Upon the completion of your inquiry, we will work hard to assist you with an official loan application and provide loan product eligibility requirements for your individual situation.

When applying for a loan, we commonly require you to provide a valid social security number and submit to a credit check. Consumers who do not have the minimum acceptable credit required are unlikely to be approved. Minimum credit ratings vary according to loan product. In the event that you do not qualify based on the required minimum credit rating, we may or may not introduce you to a credit counseling service or credit improvement company who may or may not be able to assist you with improving your credit for a fee. Any loan product that we may offer you will carry fees or costs including closing costs, origination points, and/or refinancing fees. In many instances, fees or costs can amount to several thousand dollars and can be due upon the origination of the loan product.

This site is in no way affiliated with any news source or government organization and is not a government agency. Not affiliated with HUD, FHA, VA, USDA, FNMA, FHLMC or GNMA. This website and the company that owns it is not responsible for any typographical or photographic errors. If you do not agree to our terms and policies, please exit this site immediately. If you submit your mobile number on this website you agree to receive marketing based text messages. Consent is not required for purchase. You will receive up to 4 messages per month. Standard text and data rates may apply. Reply STOP to stop & HELP for help.

Starboard Financial is an Equal Housing Lender. We do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act.

Licensing | Privacy Policy

Contents of this website are copyrighted property of the owner of this website. All trademarks, logos, and service marks (collectively the “Trademarks”) displayed are registered and/or unregistered Trademarks of their respective owners.

Starboard Financial, 4145 E Baseline Rd, Gilbert, AZ 85234

NMLS ID #156931

© 2017 Starboard Financial is not a government agency and is not affiliated with HUD, FHA, VA, USDA, FNMA, FHLMC or GNMA.