Down Payment Assistance Arizona · Cornerstone First Mortgage · NMLS #173855 Call Mike Certo · (480) 296-6513
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DPA + VA

Down payment assistance with a VA loan in Arizona — when it makes sense

If you have full VA entitlement and you're under the county loan limit, you don't need DPA for the down payment. You need closing-cost help. Different programs solve different problems.

Why most veterans don't need DPA

VA loans finance 100% of the purchase price up to the county loan limit. In Maricopa County, that's $832,750 for 2026. So if you're buying a $475K house with full entitlement, you write $0 down. There's nothing for a 'down payment assistance' program to help with.

What you still need to cover: closing costs (origination, title, escrow, recording, prepaid taxes/insurance, funding fee unless waived). On a $475K purchase, that's typically $9,000–$12,000. The seller can pay up to 4% in concessions. The rest is the gap.

AZ programs that stack with VA — and the ones that don't

ProgramAllows VA?What it helps with
Home PlusNoFirst mortgage tied to FHA/conv/USDA only
Home in FiveNoSame
Pathway to PurchaseYesClosing costs (in eligible counties)
Pima/Tucson HOMESometimesClosing costs + sometimes DP gap
Yuma Homebuyer AssistanceYesClosing costs in city limits
Chenoa FundNoPairs only with FHA/conv first mortgage

When DPA actually helps a veteran

  • Buying above the county loan limit (need DPA to bridge the gap with a second).
  • Closing costs higher than seller concessions can cover.
  • Funding fee not waived and you don't want to finance it into the loan.
  • Buying in a Pathway-to-Purchase eligible county with limited cash on hand.
  • First-time buyer in Pima County using the HOME consortium.

Common questions

Can I stack a city DPA with VA?

Sometimes. City of Tucson HOME, City of Yuma assistance, and a few county programs accept VA. Always confirm before writing the offer.

What if I'm above the VA county limit?

VA jumbo financing is available. DPA on a VA jumbo is rare — typically you'd use seller concessions + your own cash for the gap.

Does the VA funding fee affect DPA eligibility?

No. The funding fee is separate. If you're disability-rated 10%+, the fee is waived and you save 1.25%–3.3% of the loan amount.

Can I use Home Plus if I have VA entitlement?

You can — but you'd switch your first mortgage to FHA or conventional to participate. Sometimes that's worth it for the assistance; usually VA is the better answer.

How Mike + Cornerstone help

Most veterans I work with don't need DPA at all once we run the actual numbers. When closing costs ARE the issue, I'll walk you through the stack options — seller concessions first, then financed funding fee if it makes sense, then a closing-cost grant only if a real gap remains.

Talk to Mike first Get pre-approved

No pressure, no commitment. Free 20-minute consult. Mike will look at your scenario and tell you straight whether this works for you.