Home Plus
See all current Arizona DPA figures (last verified June 21, 2026) →
Arizona's statewide down payment assistance program. Up to 4% of the loan amount for down payment or closing, plus an extra 1% for qualified buyers (up to 5% total). No monthly payment on the assistance. It's repaid only when you sell or do a cash-out refinance. Phoenix buyers should look at Home in Five; Tucson buyers should look at the Pima Tucson Homebuyer's Solution.
✓ Program guidelines current as of July 1, 2026 — we re-verify at each Arizona authority revision. See what changed July 1, 2026 →
Quick answer: how does Home Plus work?
- Where: Every Arizona county, statewide — including Maricopa and Pima. Administered by the Arizona Industrial Development Authority. (Phoenix buyers often compare Home Plus with Home in Five; see all options on the programs page.)
- Structure: Grant-style silent second. Non-repayable, due only on sale or cash-out refinance, with no monthly payment.
- Assistance: Up to 4% of the first-mortgage loan amount for down payment / closing costs, plus an extra 1% for Active Duty military and Veterans — up to 5% total.
- Income limit: Maximum borrower income up to $155,386 for the standard program ($146,503 with FHA, VA, USDA, or conventional HFA financing), as of April 6, 2026.
- FICO floor: 620, across all DPA options and all loan types.
- Loan types: FHA, VA, USDA, Fannie Mae, Freddie Mac (conventional).
- FTHB requirement: Some configurations require it; some don't.
- Homebuyer education course: Required.
How it works, step by step
- Pre-qualify with us. We confirm Home Plus eligibility against your FICO, income, area of AZ, and target purchase.
- Choose your DPA option. Home Plus has multiple configurations — different first-mortgage rate / DPA percentage combinations to optimize for your situation.
- Complete the required HUD-approved homebuyer education course.
- Find your home with a real-estate agent of your choice.
- Close. The first mortgage and Home Plus DPA close together. The DPA is recorded as a non-amortizing second lien — no monthly payment required.
Eligibility
| Requirement | Detail |
|---|---|
| Property | Owner-occupied primary residence in any Arizona county, statewide — including Maricopa and Pima. Verify your specific zip code on the consult. |
| Loan type | FHA, VA, USDA-RD, conventional (Fannie / Freddie). |
| Minimum FICO | 620 |
| Income | Maximum borrower income $155,386 ($146,503 with FHA, VA, USDA, or conventional HFA financing), as of April 6, 2026. See current figures. |
| Property type | SFR, condo, townhome, PUD; manufactured home case-by-case. |
| Homebuyer education | Required, HUD-approved course. |
FAQ
How much down payment assistance can Home Plus give me?
Up to 4% of your loan amount as standard assistance, plus an extra 1% for Active Duty military and Veterans — for up to 5% total. It is applied to your down payment and closing costs with no monthly payment.
Do I have to be a first-time homebuyer?
Some Home Plus configurations require FTHB status; others don't. We'll pick the configuration that fits your situation.
Will I owe the assistance back?
Only if you sell the home, refinance for cash-out, or stop occupying it as your primary residence. There's no monthly payment and no scheduled forgiveness.
How does the rate compare to a non-DPA loan?
DPA programs typically come with a pricing structure on the first mortgage that funds the assistance — the trade-off is paying somewhat more on the first mortgage in exchange for the help. The math usually still favors DPA when your alternative is waiting years to save. We model the specific scenario during the consult.
Can I use Home Plus for a manufactured home?
Case-by-case. Doublewide manufactured homes on permanent foundations are sometimes allowed. We'll verify against the current program guide.
Can I use Home Plus with a co-signer?
Co-signers and co-borrowers are typically allowed; non-occupant co-borrowers are limited to certain loan types. Bring the question to your consult.
Curious if Home Plus is the right fit?
A 20-minute call. Bring your zip code, income range, and credit ballpark. We'll model real numbers against the actual program tiers.