Arizona Housing Finance Authority Loans

AzHFA Programs with Up to $15,000 Down Payment Assistance

Check Your Eligibility
💰

Save Thousands with AzHFA Programs

Arizona Housing Finance Authority programs can provide up to $15,000 in down payment assistance, below-market interest rates, and reduced mortgage insurance costs to help make homeownership affordable.

Key Benefit: Many AzHFA assistance programs are deferred payment loans with 0% interest, only due when you sell or refinance.

What is the Arizona Housing Finance Authority?

The Arizona Housing Finance Authority (AzHFA) is a state agency dedicated to creating and preserving affordable homeownership opportunities throughout Arizona. Established to help Arizona residents achieve the dream of homeownership, AzHFA offers several loan programs with significant benefits.

Todd Uzzell Home Loans is an approved AzHFA lender with extensive experience helping Arizona families access these valuable programs. We guide you through the entire process, from determining eligibility to closing your loan.

Official Website: www.azhousing.gov

Arizona Housing Finance Authority Loans
$15,000

Maximum Down Payment Assistance

0%

Interest on Deferred Assistance

620

Minimum Credit Score

100%+

Financing Available

Arizona Housing Finance Authority Loan Programs

🏠 HOME Plus Program

The most popular AzHFA program offering substantial down payment and closing cost assistance

Up to $15,000
Down Payment Help

Assistance Amount

3-5% of loan amount

Repayment

Deferred (0% interest)

Use

Down payment & closing costs

Key Features:

  • • Can be combined with FHA, VA, USDA, or conventional loans
  • • Assistance is a deferred payment loan - no monthly payment required
  • • Only repaid when you sell, refinance, or pay off the first mortgage
  • • May be forgivable after certain period (program-dependent)
Learn More About HOME Plus →

🎯 PathwayToPurchase Program

Designed specifically for first-time homebuyers with competitive rates and assistance

Below Market
Interest Rates

Credit Score

640 minimum

Down Payment

As low as 3%

Homebuyer Status

First-time buyers

Benefits Include:

  • • Interest rates typically 0.5-1% below market rates
  • • Can be combined with down payment assistance
  • • Flexible credit requirements
  • • Available statewide

🌟 Step-Up Program

For move-up buyers who have owned a home before but need assistance

Repeat Buyers
Welcome

Previous Ownership

Allowed

Assistance

Up to 4% of loan

Income Limits

Moderate income

Perfect For:

  • • Previous homeowners who sold and rented
  • • Buyers upgrading to larger homes
  • • Those who've experienced financial recovery
  • • Families needing more space

🇺🇸 Native American Direct Loan Program

Special financing for tribal members on and off reservation lands

Tribal Members
Specialized Help

Eligibility

Tribal membership

Location

On/off reservation

Rates

Competitive

Why Choose AzHFA Programs?

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Substantial Assistance

Up to $15,000 in down payment and closing cost assistance with deferred payment options

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Lower Rates

Below-market interest rates and reduced mortgage insurance costs save you money monthly

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Education & Support

Required homebuyer education ensures you're prepared for successful homeownership

Arizona Housing Finance Authority Eligibility Requirements

AzHFA programs have specific requirements to ensure assistance goes to those who need it most. Here's what you need to qualify:

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Income Requirements

  • Income Limits: Vary by county and household size
  • Maricopa County: Up to $91,200 (2-person household)
  • Pima County: Up to $76,800 (2-person household)
  • Rural Counties: Generally lower limits
  • All Income: All household members' income counted

Note: Limits typically 80-120% of Area Median Income (AMI)

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Credit Requirements

  • Minimum Score: 620 (most programs), 640 (some)
  • Recent History: Clean credit for past 12 months
  • Bankruptcies: Must be discharged for 2+ years
  • Foreclosures: 3+ years since completion
  • DTI Ratio: Typically 45% or less
How to improve your credit →
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First-Time Buyer Status

  • Definition: No homeownership in past 3 years
  • Exceptions: Single parents qualify regardless
  • Displaced Homemakers: Also qualify
  • Step-Up Program: Repeat buyers allowed
  • Verification: Documented with closing disclosure
🏡

Property Requirements

  • Purchase Price Limits: Vary by county
  • Maricopa: Up to $445,000
  • Pima: Up to $398,000
  • Property Type: Must be primary residence
  • Condition: Must meet lending standards

📋 Additional Requirements

Homebuyer Education

Must complete an approved homebuyer education course before closing. Online and in-person options available.

Primary Residence

Property must be your primary residence. Investment properties and second homes do not qualify.

Occupancy Timeline

Must occupy the home within 60 days of closing and maintain as primary residence.

Loan Seasoning

Some programs require 5-year occupancy or assistance becomes due upon sale/refinance.

2025 Arizona County Income & Purchase Price Limits

County Income Limit (2-Person) Purchase Price Limit Major Cities
Maricopa $91,200 $445,000 Phoenix, Scottsdale, Mesa, Chandler
Pima $76,800 $398,000 Tucson, Oro Valley, Sahuarita
Coconino $78,000 $420,000 Flagstaff, Sedona
Yavapai $72,000 $385,000 Prescott, Prescott Valley
Mohave $65,600 $345,000 Lake Havasu, Kingman, Bullhead City
Pinal $68,400 $365,000 Casa Grande, Apache Junction

*Limits shown are for 2-person households. Larger households have higher income limits. Contact us for specific limits for your household size and county.

How AzHFA Down Payment Assistance Works

1

Get Pre-Qualified

Work with an approved AzHFA lender (like Todd Uzzell Home Loans) to determine your eligibility and assistance amount.

2

Complete Homebuyer Education

Take a required homebuyer education course (typically 6-8 hours online or in-person) to learn about homeownership responsibilities.

3

Find Your Home

Shop for homes within the purchase price limits for your county. Your lender provides a pre-approval letter.

4

Apply for AzHFA Loan

Submit your full mortgage application with AzHFA program selection. Assistance is calculated and documented.

5

Close on Your Home

At closing, the down payment assistance is provided as a subordinate loan with deferred payment (no monthly payment required).

6

Repay When You Sell or Refinance

The assistance loan is only repaid when you sell the home, refinance, or pay off the first mortgage. Some programs offer forgiveness after a period.

AzHFA vs. Other Down Payment Assistance Programs

Feature AzHFA Programs Local Programs Federal Programs
Assistance Amount Up to $15,000 $2,500-$10,000 Varies widely
Availability Statewide Limited areas Varies
Funding Consistent Often limited Program-dependent
Repayment Deferred, 0% interest Varies Varies
Education Requirement Required Sometimes Rarely

Why Arizona Homebuyers Choose AzHFA Programs

$12,500

Average Down Payment Assistance

Helping buyers overcome the biggest hurdle

0.75%

Average Rate Reduction

Below-market rates save thousands

5,000+

Arizona Families Helped

Successful homeowners statewide

Ready to Access Up to $15,000 in Down Payment Assistance?

Discover if you qualify for Arizona Housing Finance Authority programs today

Contact Our AzHFA Specialists:

📞 480-330-1724 | ✉️ [email protected]

Arizona Communities We Serve

Our AzHFA loan specialists serve homebuyers throughout Arizona with expertise in local income and purchase price limits.

And all communities throughout Arizona's 15 counties

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