Arrive Home™
National DPA program with both forgivable and repayable structures. Arrive's Repayable option offers 5% assistance — the highest commonly-available repayable percentage among national programs.
Quick answer: how does Arrive Home™ work?
- Where: nationwide — works in Arizona.
- Forms available: Forgivable (30-year, 0% interest, no monthly payment, forgiven at maturity) or Repayable (10-year amortized at 2% above first mortgage rate).
- Assistance: 3.5% on most products; 5% available on the Repayable option only.
- FICO floor: 600 lowest middle score.
- Income limit: none. AMI-based pricing adjustment (LLPA) applied above 160% AMI.
- FTHB requirement: not required by Arrive.
- Loan types: FHA-focused.
How it works, step by step
- Pre-qualify with us. Arrive requires AUS approval (DU or LPA depending on configuration).
- Choose forgivable vs. repayable. The 5% assistance level is only available on the Repayable structure.
- If your AMI is above 160%, expect a small Loan-Level Pricing Adjustment (LLPA).
- Close. The DPA second is recorded behind the first mortgage.
Eligibility
| Requirement | Detail |
|---|---|
| Loan type | FHA 203(b), 1–2 units, primary residence. |
| Minimum FICO | 600 (lowest middle score). |
| DTI | Per AUS guidelines. |
| Income limit | None. LLPA applies above 160% AMI. |
| FTHB | Not required by Arrive (Agency rules may still apply). |
| Loan purpose | Purchase only. |
FAQ
Why is the repayable rate 2% above the first?
Repayable seconds carry an interest rate premium because they're a separate, higher-risk loan. 2% above the first is the structural pricing for the Repayable Arrive product.
How is forgivable forgiven exactly?
30-year term, 0% interest, no payments. The full balance is forgiven at the maturity date. If you sell or refinance for cash-out before then, the full balance is due.
Why would I pick repayable over forgivable?
Repayable lets you take 5% of assistance (vs. 3.5% on forgivable) and keeps the first mortgage rate slightly lower because the program is being repaid. Math works in favor of repayable for buyers staying long-term and wanting more total assistance.
LLPA above 160% AMI — how much?
Pricing adjustment is small but real. We'll quote the exact LLPA at your file's pricing snapshot.
Curious if Arrive Home™ is the right fit?
20 minutes — bring your zip code, income range, and credit ballpark. We'll model real numbers.