Statewide Arizona · NMLS# 667008

Arizona HOME Plus Down Payment Assistance

HOME Plus from the Arizona Industrial Development Authority offers up to 4% toward your down payment and closing costs, anywhere in Arizona. First-time and repeat buyers can use it. Here are the official facts.

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Key facts

How HOME Plus Works

HOME Plus pairs a 30-year fixed-rate first mortgage with down payment and closing cost assistance. The Arizona IDA calls it the only state-run, statewide homebuyer down payment assistance program in Arizona, and says it is self-funded and available year-round.

Where: every Arizona county, city, and ZIP code, including Maricopa, Pima, and Santa Cruz counties.
Assistance: up to 4% of the first mortgage amount. FHA, VA, and USDA options include 2%, 3%, or 4%. Conventional HFA options include 3% or 4%. It can fund up to 100% of your cash needed to close.
Form: a second mortgage with 0% interest and no monthly payment, forgiven after 5 years (60 months). There is no partial forgiveness before then. A sale or refinance in the first 60 months means the second mortgage is repaid.
Income limit: $155,386 in annual borrower income, as of April 6, 2026, statewide.
Credit: 620 minimum credit score.
Debt-to-income: per automated underwriting findings.
First-time buyers: not required for any loan product.
Purchase price: no Arizona IDA purchase price limit overlay. Loan limits for the first mortgage still apply.
Loan types: FHA, VA, USDA, HUD 184 Tribal, Fannie Mae HFA Preferred, and Freddie Mac HFA Advantage.
Education: at least one borrower completes a homebuyer education course before closing.
Mortgage insurance: the Arizona IDA notes reduced mortgage insurance on conventional Fannie Mae and Freddie Mac loans. The reduced charter minimum MI requires income at or below 80% of area median income for the county.

Worth knowing: the Arizona IDA says HOME Plus rates may be slightly higher than standard rates when you use the assistance, and each assistance option has its own rate. I will show you the payment with and without HOME Plus so you can pick what works best. Program rules and eligibility apply.

Sources: Arizona IDA HOME Plus, HOME Plus homebuyer information, HOME Plus Program Summary for Lenders (v062026), HOME Plus lender information. Checked October 17, 2026.

Note: the Arizona IDA's separate Arizona Is Home program was retired for the rest of 2026 as of October 6, 2026, per the Arizona IDA. HOME Plus is a different program.

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Rates

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Today's HOME Plus rates: the program sets its rates and updates them for participating lenders every business day, so I do not post a rate here that could be out of date. Tap Get today's rate and I will send you today's rate personally. Your rate depends on the loan type, your credit, and the assistance option you choose. Program details: HOME Plus lender information.

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FAQ

HOME Plus FAQs

Is HOME Plus available in Maricopa and Pima counties?

Yes. The Arizona IDA says HOME Plus is available in every Arizona county, city, and ZIP code. That includes Maricopa County (Phoenix), Pima County (Tucson), and Santa Cruz County (Rio Rico).

Do I have to be a first-time home buyer?

No. The HOME Plus program summary says the borrower does not have to be a first-time homebuyer for any loan product.

How much assistance can I get?

Up to 4% of the first mortgage amount, depending on the loan type and option you choose. Each assistance option has its own interest rate, so I compare them side by side with you. Program rules and eligibility apply.

Do I have to pay the assistance back?

The HOME Plus assistance is a 0% interest, no-payment second mortgage that is forgiven after 5 years (60 months). If you sell or refinance within the first 60 months, the second mortgage must be repaid. The Arizona IDA notes it offers both forgivable and non-forgivable options, so ask me which apply to you.

What is the income limit?

$155,386 in annual borrower income as of April 6, 2026. The Arizona IDA lists the same limit for every county.

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Send me your details. I will compare HOME Plus with the other programs you may qualify for.

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Prefer to talk? Call or text (520) 495-8989 or apply online.

Important information

Program availability, terms, interest rates, income and purchase price limits, and assistance amounts are set by each program administrator and can change or end at any time without notice. Assistance funds may be limited. The information on this page was checked against the official program sources linked above on October 16, 2026. It is general education only. Always confirm current guidelines with me before you make decisions.

This is not a commitment to lend, a loan approval, or a rate lock. All loans are subject to credit approval, underwriting, property eligibility, and program guidelines. Not all applicants will qualify. Rates shown on official program pages are not offered by this website and may not be available to you.

The Pima-Tucson Homebuyer's Solution is offered by the Industrial Development Authorities of the County of Pima and the City of Tucson and administered by eHousingPlus. Homes for Texas Heroes and Home Sweet Texas are programs of the Texas State Affordable Housing Corporation (TSAHC). These agencies do not endorse any lender. Andy Braun and Neighborhood Loans are not government agencies.

Andy Braun, Senior Loan Officer | Sales Manager, NMLS #667008, AZ LO-1006099. Neighborhood Loans, Inc. NMLS #222982, AZ BK 1004602. Licensed in Arizona, Texas, and California. Equal Housing Lender. Verify licensing at nmlsconsumeraccess.org.