Phoenix Down Payment Assistance
Phoenix home buyers can use Arizona HOME Plus for up to 4% of the first-mortgage amount, applied toward the down payment and closing costs. As the state capital and largest city, Phoenix offers diverse neighborhoods from urban downtown to suburban communities.
Why Buy in Phoenix?
Phoenix Housing Market
How to Get Phoenix DPA
Check Your Eligibility
Take our 60-second quiz to see if you qualify for HOME Plus DPA in Phoenix. Borrower income (only the people on the loan) must be at or under $155,386, and your credit score has to meet the program minimum and any lender requirement, which we confirm when we review your file.
Get Pre-Approved
We'll help you get pre-approved for a mortgage + DPA. This shows Phoenixsellers you're a serious buyer.
Close on Your Phoenix Home
Receive HOME Plus assistance at closing, sized as a percentage of your first-mortgage amount (up to 4%), so the exact figure is set once your loan amount is. On the forgivable option there is no monthly payment, and the second lien is forgiven in full after 60 months; sell or refinance before then and it is repaid. A non-forgivable option is also available.
Phoenix DPA FAQs
What's the maximum DPA for Phoenix?
HOME Plus provides up to 4% of your first-mortgage amount. The dollar figure follows the loan you take, not the Phoenix sale price, and it appears on your Loan Estimate once the loan amount is set.
Do I have to be a first-time buyer to get Phoenix DPA?
No! HOME Plus is available to all buyers, not just first-time home buyers. Repeat buyers can qualify too.
What areas of Phoenix are eligible?
All ZIP codes in Phoenix and throughout Maricopa County are eligible for HOME Plus down payment assistance.
Ready to Buy in Phoenix?
Take 60 seconds to check your eligibility for HOME Plus assistance of up to 4% of your first-mortgage amount on a Phoenix home.
Check My Eligibility