ADOH Low Interest Loans For AZ 1st Home Purchasers

Special Loan Program For 1st Time Buyers In AZ

If you’re looking to purchase your 1st residence in Arizona but find yourself at a loss as to where to turn for a first mortgage loan, you need not worry. First time home buyer loans in Arizona are provided by the Arizona Department of Housing (ADOH). Not only do they provide below-market rates on your mortgage loan, they also provide other very cushy programs for 1st time home buyers.


Arizona First Time Home Buyer Loans
Arizona First Time Home Buyer Loans

Here are some details on ADOH’s loan program:

HOME Plus Program Highlights:

  • Mortgage for the purchase of an Owner occupied, Primary Residences in Arizona.
  • Borrower(s) Income not to exceed $92,984.
  • Purchase Price limit not to exceed $371,936.
  • Each borrower must complete a homebuyer education course before closing.  The homebuyer education requirement may be met by taking a pre purchase course through an internet-based program developed by mortgage insurance companies, or through another HUD-approved homebuyer education provider.  For more details, see the last page of the HOME Plus Participating Lender document.


Mortgage Type Down Payment
Minimum Credit
Geographical Restrictions
(NOT available in…)
Fannie Mae HFA Preferred 5% 640 Pima County
Fannie Mae HFA Preferred 4% 640 Pima County
Fannie Mae HFA Preferred 3% 640 Pima County
Freddie Mac HFA Advantage 4% 640 Pima County
FHA 4% 660 Maricopa & Pima County
FHA 3% 660 Maricopa & Pima County
USDA-RD 2% 640 Maricopa & Pima County
VA 2% 640 Maricopa & Pima County

*On Fannie & Freddie minimum credit score on ANY LTV = 640.  Condos max LTV 95%. DPA is NOT tied to LTV.

For complete details on this loan, including contact information and instructions on how to apply, please visit this ADOH loan page.

More Arizona First Time Buyer Resources

In addition to the above first time homebuyer loan from ADOH, there are resources available as well. Be sure to visit Arizona down payment assistance, as well as our page that shares details about grants available in AZ to purchase your first home.