First-Time Homebuyer Programs in Arizona

Buying your first home is exciting—but it can also feel overwhelming. One of the biggest challenges for first-time buyers is saving for a down payment and covering closing costs. The good news? Arizona offers several programs designed to help first-time homebuyers get into a home sooner and with more confidence.

As a local Realtor serving Metro Phoenix, Gilbert, Scottsdale, Mesa, Queen Creek, Chandler, and Paradise Valley, I’ve guided many first-time buyers through these programs. Here’s a breakdown of what’s available and how it might help you.

Arizona First-Time Homebuyer Assistance Programs

1. HOME+PLUS Program

   • Provides down payment assistance (up to 5% of the loan amount).

   • Available statewide for FHA, VA, USDA, and conventional loans.

   • Not just for first-time buyers—any qualifying buyer may use it.

2. Arizona Industrial Development Authority (AZIDA) Programs

   • Offers down payment and closing cost assistance.

   • Includes options for both first-time and repeat buyers.

3. City and County Assistance Programs

   • Some cities, including Phoenix and Mesa, have their own programs for buyers who meet income and eligibility requirements.

4. Federal Programs (Available in Arizona)

   • FHA Loans: Require as little as 3.5% down.

   • VA Loans: No down payment for eligible veterans.

   • USDA Loans: No down payment for certain rural areas near Queen Creek and San Tan Valley.

Who Qualifies for First-Time Homebuyer Help?

• Buyers who haven’t owned a home in the past 3 years (some programs apply even if you’ve owned before).

• Meet income and credit score requirements (varies by program).

• Plan to use the home as your primary residence.

FAQs About First-Time Buyer Programs in Arizona

Q: Do I have to be a first-time buyer to qualify?
A: Not always. Some programs are open to all buyers who meet income and credit requirements.

Q: Can I combine programs for more assistance?
A: In some cases, yes. A lender familiar with Arizona programs can explain what’s possible.

Q: Do these programs cover closing costs?
A: Yes, certain programs allow funds to be applied toward closing costs as well as down payments.

Q: What credit score do I need?
A: Many programs require a minimum score around 640, but it varies.

Q: Do I have to stay in the home for a certain number of years?
A: Some programs have occupancy requirements. Selling too soon may mean repaying part of the assistance.

Why This Matters

For many first-time buyers, the hardest part of buying a home isn’t making monthly payments—it’s saving enough upfront. These Arizona programs are designed to bridge that gap, making homeownership more achievable than many people realize.

Ready to Buy Your First Home in Arizona?

If you’re considering your first home purchase, I’d love to walk you through your options. From explaining programs to connecting you with trusted lenders, I’ll make sure you have the clarity and confidence you need to take the next step.

📞 480-980-4400
📧 [email protected]
🌐 www.denisehurd.com

Let’s create a plan that gets you into your first home.