Arizona Home Buyer Programs

Learn about the various Arizona home buyer programs below.

Arizona has many first- time home buyer programs that are only available through specific counties throughout the state. Most of these programs are similar being that they offer no money down and/or tax credits to qualified applicants. Below you will find a list and links to some of these agencies.

For example, qualified first time home buyers can receive what are called Individual Development Account, or IDA funds for a down payment assistance (DPA) grant up to $15,000 towards the purchase of a primary residence in the county of Maricopa. IDA is a savings account that offers low-income workers the opportunity to open a matched savings account that can be used for small business development, higher education, or the purchase of a first home.

They can be for down payments or towards customary closing costs. However, this grant is only available to homebuyers who are also using one or more of the following programs such as the Newtown Community Land Trust program (Chandler, Glendale, Scottsdale or Tempe) and other Newtown sponsored down payment assistance (DPA) programs; (i.e., NSP-DPA, HOME-DPA, ADDI).

The Scottsdale Community Land Trust Homeownership Program acquires/rehabilitates single-family homes in Scottsdale.  The homes will be made available for sale to low-income first-time homebuyers.

These programs can get confusing for people who don’t understand how all this works.

We at Caliber Home Loans can assist you in working with the firms listed below to help expedite the process. In addition, we can also assist you with the many zero or low money down home purchase programs such as through FHA, VA and USDA loans that we offer. Please call us today at 1-800-779-4547 to explore your mortgage options.

Here is a list of the most current Arizona First-Time Home Buyer Programs for the year 2015;

Arizona Southwest Housing Foundation Down Payment Gift Program (GIFT) @ (480) 926-7206

Phoenix Community Housing Resources of Arizona(CHRA) Homeownership Incentive Program (HIP) @ (602) 631-9780

Phoenix Neighborhood Housing Services Down Payment Assistance Program (DPCC) @ (602) 258-1659

Phoenix Valley-CORP Downpayment Assistance Program (DAP) @ (602) 247-4764

Tempe Community Assisted Mortgage Program@ (480) 350-8961

Glendale Los Vecinos Housing Development, Inc. First Time Home Buyer Program (FTHB) @ (623) 435-2255

Pima County Pima Gold Home Program @ (520) 882-0018

Peoria Arizona Home Buyer Assistance Program @ (480) 649-1335

Flagstaff Affordable Housing Coalition Community Home Buyer Assistance Program (CHAP) @ (520) 214-7456

Tucson Family Services Federal Home Loan Bank of San Francisco Affordable Housing Program (AHP) @ (520) 322-9557

Tucson, Arizona  TMM Family Services First Time Home Buyer Grant Program (GRANT) @ (520) 322-9557

Southern Arizona Government Organization, Rural Home Purchase Assistance Program (RHAP) @ (520) 432-5301

San Luis Comite de Bien Estar Forgivable Loan Gap Financing Program @ (928) 627-8559

Yuma County Housing America Corporation Rural Home Purchase Assistance Program @ (928) 627-4221

Erik Sandstrom

Erik Sandstrom

Mortgage Expert

Hi, my name is Erik Sandstrom. I’m a proud sponsor and mortgage expert on LoanSafe.org. I’m also a sale’s manager and loan officer with Caliber Home Loans. If you are looking for a great Arizona mortgage with the best rates or for a great company to work for, please call me direct at 619-379-8999 or email me using the contact form below.

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