Program Benefits:

Down Payment Assistance (DPA). This refers to programs that offer financial assistance to help homebuyers, especially first-time homebuyers, manage the upfront costs of purchasing a home.

• Available in all counties and cities within the state.
• Receive up to 4% down payment and closing cost assistance.
• Reduced Mortgage Insurance on Conventional loans.
• Home Plus DPA Funding is available throughout the year.

Program Requirements:

• 1–2-unit single-family residences, condominiums, townhomes, and manufactured homes.
• Owner-occupied only (no second homes).
• Minimum FICO: 620.
• Borrower annual income may not exceed $146,503.
• Down Payment Assistance (DPA):
  • May cover up to 100% of borrower’s cash to close, including down payment, closing costs, and prepaid items.
  • Provided as a silent second with no interest or monthly payments.
  • Fully forgiven after 5 years (60 months).

Program Benefits:

The recently released $5M for non-Targeted Area loans under the Home in Five Platinum program has now been fully utilized and further reservations have been paused. We are still accepting Home in Five Platinum loan reservations for Targeted Areas with approximately $8M in remaining funds. We will keep you updated on any further developments

Reservations for the Home in Five Advantage program’s 7-year forgivable loans (AZ is Home) have been paused due to funding limitations. We will keep you updated on any further developments. Home in Five Advantage is still providing both the 3-year forgivable loans and the 30-year forgivable loans.

Program Requirements:

• For properties in Maricopa County, including city of Phoenix.
• First time and repeat buyers, purchases only.
• Income Limit $153,440.
• Minimum 640 FICO.
• DTI cannot exceed 50%.

Program Benefits:

Available to City of Flagstaff employees purchasing a home within Flagstaff city limits. This program offers up to $10,000 in matching funds for eligible employees who meet credit and employment requirements but lack sufficient funds for down payment and closing costs.

Program Requirements:

• Borrower must not have owned a home in Flagstaff within the past 3 years.
• Property must be owner-occupied.
• Borrower must qualify for a 30-year fixed-rate mortgage.
• Certain employment restrictions apply.

Program Benefits:

Coconino County offers a Home Purchase Assistance Option (HPAO) that allows eligible officers to borrow against their Program Individual Trust Investment Account to help cover down payment and closing costs, subject to employment restrictions.

Program Requirements:

• Assistance amount not to exceed $20,000 or the available account balance.
• No interest and no monthly payments.
• Forgiven over a 10-year employment period.
• Property location must meet residence requirements set by the Sheriff’s Office.

Program Benefits:

This program matches up to $5,000 of household funds at a 10:1 ratio, providing up to $50,000 in assistance on an as-needed, first-come, first-served basis. Funds are provided as a second lien and are repaid when the home is sold, refinanced, or is no longer the borrower’s primary residence.

Program Requirements:

• At least one homebuyer must have lived or worked in the Flagstaff metro area for 12 months.
• Household income may not exceed 150% of Area Median Income (AMI).
• Borrowers must be first-time homebuyers purchasing within Flagstaff city limits.
• Minimum borrower contribution of $1,000 from personal funds.
• Remaining borrower contribution may be gifted.

Program Benefits:

Available to homebuyers purchasing in Coconino, Mohave, and Yavapai counties. This program matches up to $8,000 of buyer funds at a 4:1 ratio, providing up to $32,000 in assistance as a second loan forgiven over a 5-year owner-occupancy period.

Program Requirements:

• $1,000 housing counseling fee due at closing.
• Borrowers must be first-time homebuyers.
• Household income may not exceed 80% of Area Median Income (AMI).

Program Benefits:

CalHFA offers three main types of programs: First Mortgages, Down Payment Assistance, and Refinancing options.

First Mortgage Programs:

• Government loans: FHA, VA, and USDA 30-year fixed-rate loans.
  • CalPLUS versions have slightly higher rates but include help with closing costs or down payment assistance (via ZIP or MyAccess).
• Conventional loans: 30-year fixed-rate mortgages with private mortgage insurance.
  • CalPLUS and CalPLUS Access versions offer added assistance for closing costs or down payment, also at slightly higher rates.

Down Payment Assistance (Second Loans):

• Assistance is provided as a deferred “silent second” loan, meaning no monthly payments until the home is sold, refinanced, or paid off.
• MyHome Program:
  • FHA loans: up to 5% of purchase price/appraised value.
  • Conventional loans: up to 3% of purchase price/appraised value.
  • Can be used for down payment and/or closing costs.

Refinance Programs:

• FHA Refinance: Rate-and-term, Simple, or Streamline options.
• Conventional Refinance: Fannie Mae HFA Preferred™ limited cash-out refinance.
• Dream For All Refinance: Limited cash-out refinance with resubordination of the shared appreciation loan.

Program Benefits:

• Provides up to 5% of the first mortgage amount to help with down payment and/or closing costs, in the form of a 15-year fully amortizing Second Mortgage with an interest rate the same as the First Mortgage, depending upon loan program.
• Available to both first-time and repeat buyers.
• Designed for low-to-moderate income borrowers with flexible limits.

Program Requirements:

• Minimum FICO 640, 660 required for Manufactured homes.
• Maximum DTI 45% for FHA, VA & USDA loans.
• Maximum DTI for Conventional loans:
  • 1-2 unit properties 50%
  • 3-4 unit properties 45%
  • Manufactured homes 45%
  • Refinance transactions 45% with an AUS Accept and FICO below 680, 50% for FICO’s above 680.
• Eligible properties: 1–4 unit homes, condos, townhomes, and manufactured homes.
• Income limits follow Conventional, FHA, USDA and VA guidelines.

Program Benefits:

• Provides up to 5% of the first mortgage amount to help with down payment and/or closing costs, in the form of a 15-year fully amortizing Second Mortgage with an interest rate the same as the First Mortgage.
• Available to both first-time and repeat buyers.
• Designed for low-to-moderate income borrowers with flexible limits.

Program Requirements:

• Minimum FICO’s:
  • CONV – 620
  • FHA & VA – 620
  • USDA – 640
• Each borrower must have a minimum of one credit score.
• Eligible properties include single-family homes, condos, townhomes, and manufactured homes.
• Maximum DTI of 41% for VA & USDA loans.
• Maximum DTI of 50% for Conventional loans.
• Income limits follow FHA, VA & USDA guidelines.

Program Benefits:

CHFA strengthens Colorado by investing in affordable housing and community development by offering various down payment assistance options to suit a borrower’s current and future financial goals without putting 20% down to buy a home.

Program Requirements:

CHFA FirstStep & FirstStep Plus

• FHA purchase transactions.
• Second lien up to the lesser of $25,000 or 4% of the first mortgage.
• 0% interest, no monthly payments; lien is repaid upon sale, refinance, or when the property is no longer the borrower’s primary residence.
• Subject to recapture tax.
• Income limits established by CHFA.
• Borrower must be a first-time homebuyer or qualified veteran.
• Minimum $1,000 borrower contribution (gift funds permitted).
• Eligible properties: 1-unit SFRs, condos, modular homes, and manufactured homes.
• ADUs not permitted.
• Minimum FICO: 620
• Maximum DTI:
  • 50% for mid FICO 620–659
  • 55% for mid FICO 660+

CHFA Preferred & Preferred Plus

• Conventional purchase transactions for primary residences.
• Second lien up to the lesser of $25,000 or 4% of the first mortgage loan.
• 0% interest, no monthly payments; lien is repaid upon sale, refinance, or when the property is no longer the borrower’s primary residence.
• Income limits established by CHFA.
• Not limited to first-time homebuyers.
• Minimum $1,000 borrower contribution (gift funds permitted).
• Eligible properties: 1-unit SFRs, condos, modular homes, and manufactured homes.
• Existing ADUs permitted if they meet Conventional guidelines.
• Borrower may have ownership interest in one additional residential property.
• Minimum FICO: 620
• Maximum DTI:
  • 50% for mid FICO 620–659
  • 55% for mid FICO 660+

CHFA SmartStep & SmartStep Plus

• FHA, VA, and USDA purchase transactions for primary residences.
• Non-repayable grant up to the lesser of $25,000 or 3% of the first mortgage.
• 0% interest, no monthly payments; lien is repaid upon sale, refinance, or when the property is no longer the borrower’s primary residence.
• Statewide income limit: $174,400 (no county or household-size limits).
• Minimum $1,000 borrower contribution (gift funds permitted).
• Eligible properties: 1-unit SFRs, condos, modular homes, and manufactured homes.
• Existing ADUs permitted if compliant with FHA, VA, or USDA guidelines.
• Minimum FICO: 620
• Maximum DTI:
  • 50% for mid FICO 620–659
  • 55% for mid FICO 660+

Program Benefits:

El Paso County Housing Authority (EPCHA) offers a first mortgage program and a down payment assistance program for borrowers purchasing homes in El Paso County, including the city of Colorado Springs. There is no first-time homebuyer requirement, offering up to 5% of the loan amount for assistance with down payment and closing costs. Hometown Heroes get the benefit of an additional 1% non-repayable grant. Check with your Loan Officer for more details on Hometown Heroes.

Program Requirements:

• Income limit of $174,440 for FHA, USDA-RD and VA borrowers and $90,720 for Conventional borrowers.
• Minimum FICO 640.
• Maximum DTI of 45% with FICO’s 640-679 and 50% with FICO’s above 680.

Program Benefits:

metroDPA offers a first mortgage program and a down payment assistance program for borrowers purchasing homes in certain cities in Colorado. Check guidelines or with your Loan Officer for specific location information.

• Offers up to 4% of loan amount in assistance for down payment and closing costs.
• Assistance in form of a 0% interest, 30-year deferred second mortgage.
• Repayment is deferred except in the event of the sale, transfer or refinancing of the mortgage.
• No first-time homebuyer requirement.

Program Requirements:

• Income Limit varies by County and Loan Program.
• Minimum FICO 640 (660 for manufactured homes).
• Government loans DTI limited to 45 % with FICO’s 640-679 and 50% with FICO’s above 680.
• Conventional loans DTI limited to 50% for 1-2 units with FICO of 640, 3-4 units may have other limits.

Program Benefits:

Idaho Housing offers a variety of home loan programs designed to meet the needs of both first-time homebuyers and move-up buyers. Available loan options include Conventional, Rural Development (RD) for eligible rural areas, Federal Housing Administration (FHA), and Veterans Administration (VA) loans for eligible Veterans.

Program Requirements:

• Eligible property types include: single-family homes, townhomes, condominiums, and manufactured housing.
• Borrower eligibility guidelines include a maximum household income of $170,000 for all counties, with some exceptions for specialized loan programs. Maximum debt-to-income (DTI) ratios, minimum credit scores, and insurance deductibles are established by agency guidelines.

Program Benefits:

• Get up to 5% of the loan value to apply toward down payment or closing costs.
• Attractive 30-year fixed interest rate.
• No first-time homebuyer requirement.
• Financing available for manufactured homes.
• Available Statewide.

Program Requirements:

• Qualifying income up to $165,000.
• Home price up to $832,750.
• Minimum credit score of 640 (680 for manufactured homes).
• Maximum debt ratio for government loans (FHA, USDA, VA): 50% if 680+ credit score / 45% if less than 680 credit score / 45% for manufactured homes. For conventional loans: 50% with 640+ credit score.
• Purchaser may own one other property outside the State of Nevada at time of close.
• Homebuyer education course required.
• Must live in home as primary residence

Program Benefits:

• Down payment assistance up to 4% of total loan amount.
• Usable for down payment and closing costs.
• 30- year non-forgivable.
• Attractive 30-year fixed interest rate.
• Statewide program.

Program Requirements:

• Must be a first-time homebuyer (have not owned a home in the past 3 years).
• Maximum purchase price & income limits by county (Gov’t Loans).
• Minimum credit score of 640.
• Maximum debt ratio up to 50% based on credit score and loan type.
• Must live in home as primary residence.
• Must complete homebuyer education course.

Program Benefits:

TSAHC provides 30-year fixed interest rate mortgage loans, down payment assistance grants, and mortgage credit certificates through the following programs. These programs are offered through a network of approved mortgage lenders.

• Homes for Texas Heroes Home Loan Program: for teachers, fire fighters and EMS personnel, police and correctional officers, and veterans.
• Home Sweet Texas Home Loan Program: for Texas home buyers with low and moderate incomes.

Loans w/ Down Payment Assistance:

• Credit scores as low as 620.
• No max DTI w/AUS approval.
• Low fees.
• FHA manual underwrites allowed up to 43% DTI with no additional fee (640 minimum FICO score required).
• FHA non-traditional credit allowed with no additional fee.
• Income limits vary by county. Expanded income limits available in targeted areas.

Mortgage Credit Certificates (MCC):

• A special tax credit that reduces a home buyer’s federal income tax liability every year.
• Helps the home buyer qualify by reducing the DTI.
• No minimum credit score or maximum DTI requirements.
• Must be combined with TSAHC’s Down Payment Assistance.
• FREE for Texas Heroes.
• ​Income limits vary by county. Expanded income and purchase price limits available in targeted areas.
• Exclusively for first-time home buyers.

Program Benefits:

The Dallas Homebuyer Assistance Program (DHAP) provides homeownership opportunities to low and moderate income buyers the financial assistance when purchasing a home within the city limits of Dallas. There are three extensions of this program:

• Dallas Homebuyer Assistance: for those low to moderate buyers purchasing a home within the Dallas city limits.
• Targeted Occupations Homebuyer Assistance: designed to provide homeownership opportunities to those borrowers in the following fields: *
  • Educational Instruction
  • Librarian Services
  • Healthcare Services
  • Protective Services

*funding for this program has been expended, please check back if funds have been renewed in 2026.

• Anti-Displacement Homebuyer Assistance: provides homeownership opportunities to current Dallas residents who have lived in the city for at least 10 years and property is in a designated targeted area.  Check with your Loan Officer for these areas.

Program Requirements:

• Applicants must be a US Citizen, Permanent Resident or Eligible Immigration Status with a valid Social Security Card.
• Income limited to 80%-120% of the Area Median Income (AMI), depending on program.
• Assistance based on need and amount may not exceed:
  • High Opportunity Area: $60,000
  • All other locations in Dallas: $50,000
• Housing payment may not exceed 35% of buyers monthly gross income.
• Maximum Sales Price of $342,000 for existing homes and new construction for the Dallas Homebuyer Assistance.