Pathway to Purchase Down Payment Assistance Program – Up to 10% Grant for targeted Arizona Communities
The Arizona Department of Housing (ADOH), acting jointly with the Arizona Home Foreclosure Prevention Funding Corporation (AHFPFC) and the Arizona Housing Finance Authority (AzHFA), to provide down payment assistance to qualified home buyers purchasing a primary residence in 17 targeted municipalities in Arizona.
The assistance is an incentive to purchase in targeted housing markets that have been hardest-hit by foreclosures.
Pathway to Purchase Program Highlights:
- Mortgage for the purchase of an Owner occupied, Primary Residences in targeted areas
- Borrower(s) Income not to exceed $89,088
- Purchase Price limit not to exceed $356,352
- Existing properties only, new construction is not allowed
- The DPA provided is 10% of the purchase price * up to a maximum of $20,000
- Fannie Mae HFA Preferred mortgages only
- The Pathway to Purchase Program is strictly limited to the following 17 Cities:
Arizona City, Avondale, Buckeye, Casa Grande, Coolidge, Douglas, El Mirage, Fort Mohave, Goodyear, Huachuca City, Laveen, Maricopa, Red Rock, Sierra Vista, Snowflake, Tucson, Yuma - 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, such MGIC or Genworth Financial or through another HUD-approved homebuyer education provider
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Home in 5 Down Payment Assistance Program
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Arizona Communities that eligible for Pathway to Purchase Down Payment Assistance Program
Homes for Sale Under $200,000 in Arizona City
Homes for Sale Under $200,000 in Avondale
Homes for Sale Under $200,000 in Buckeye
Homes for Sale Under $200,000 in Casa Grande
Homes for Sale Under $200,000 in Coolidge
Homes for Sale Under $200,000 in Goodyear
Homes for Sale Under $200,000 in Laveen
Homes for Sale Under $200,000 in Maricopa
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