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Program Fully Reserved
$15,000 paired with the lowest market rate
Governor Hobbs and Arizona Department of Housing expands Arizona Is Home for homebuyers in Tucson & Pima County.
$1,350,000 in DPA funding with Arizona Is Home is available for 90 homebuyers to receive up to $15,000 each in downpayment assistance as a forgivable 30-yr second lien (no payments, no interest.)
90
Currently available for 90 qualified homebuyers
$15,000 in downpayment assistance per homebuyer
Lock the lowest market rate available
Program Fully Reserved
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Downpayment qualifications
● First Time Homebuyers (HUD defined as not having owned a residential property in the last three years.)
● Individuals with a proven need of down payment assistance to purchase a home.
● Arizona residents and have been for a minimum of six months (upon close date.)
● Homebuyers that are purchasing a home as a principal residence.
● Household income not exceed 120% of the Area Median Income (AMI) for the state of Arizona based on County and household size.
*Mortgage Qualifications
Meet with an approved lender today to get pre-qualified.
*Applicant Income Max
$146,503
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Arizona Is Home recipient income based upon Area Median Income relative to household size.
Credit Score Min
640
Debt-to-Income Ratio
45%*
*DTI up to 50% for buyers with credit score min 680
Primary residence in
Tucson & Pima County
Arizona Is Home requires
first-time homebuyer & minimum of 6 months AZ residency status.
Eligible Properties
New or Existing Residential
Condos/Townhomes
2-4 Unit Complexes
Manufactured Homes
No purchase price limits.
Follow Agency guidelines for maximum loan limits:
(FHA, USDA-RD, VA and Freddie Mac)
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Top Arizona Is Home Lenders
Contact an approved Arizona Is Home
lender to get pre-qualified. Click to view direct Loan Officer contact information.
Click below to view the full Approved Lender list.
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