Arizona Industrial Development Authority (AZIDA)
State Housing Agency
The Arizona Industrial Development Authority (AZIDA) provides down payment assistance to first-time homebuyers in Arizona through the HOME+PLUS program. The program offers a down payment assistance grant of up to 5% of the loan amount, which can help make homeownership more accessible and affordable for eligible individuals and families. AZIDA is committed to promoting homeownership and strengthening communities in Arizona.
First Mortgage Programs Offered by Arizona Industrial Development Authority (AZIDA)
AZIDA USDA-RD Purchase Loan
Best For: First Time Homebuyers, Zero Down
USDA rural develpment option for Arizona residents seeking down payment assistance, offered by The Arizona Industrial Development Authority (AZIDA).
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$726,200
AZIDA VA Purchase Loan
Best For: First Time Homebuyers, Low Down Payments
VA program for AZ Veterans seeking down payment assistance, offered by The Arizona Industrial Development Authority (AZIDA).
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$726,200
AZIDA Conventional Purchase - Median Income
Best For: First Time Homebuyers, Low Down Payments
Conventional option for median income Arizona residents seeking down payment help, offered by The Arizona Industrial Development Authority (AZIDA).
Min. Credit Score
640
Min. Down Payment
3%
Max. Loan Amount
$726,200
AZIDA Conventional Purchase - Low Income
Best For: First Time Homebuyers, Low Down Payments
Conventional option for low income Arizona residents seeking down payment assistance, offered by The Arizona Industrial Development Authority (AZIDA).
Min. Credit Score
640
Min. Down Payment
3%
Max. Loan Amount
$726,200
AZIDA FHA Purchase Loan
Best For: First Time Homebuyers, Low Down Payments
FHA program for Arizona residents seeking down payment assistance, offered by The Arizona Industrial Development Authority (AZIDA).
Min. Credit Score
640
Min. Down Payment
3.5%
Max. Loan Amount
$472,030
Second Mortgage Programs Offered by Arizona Industrial Development Authority (AZIDA)
AZIDA HOME+PLUS 5% Assistance
Best For: First Time Homebuyers, Zero Down
The HOME+PLUS program provides up to 5% down payment and closing cost assistance for your Arizona home purchase.
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$472,030
Up to 5.00% of 1st Loan Amount Program Benefit Amount
AZIDA HOME+PLUS 4% Assistance
Best For: First Time Homebuyers, Zero Down
The HOME+PLUS program provides up to 4% down payment and closing cost assistance for your Arizona home purchase.
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$472,030
Up to 4.00% of 1st Loan Amount Program Benefit Amount
AZIDA HOME+PLUS 3% Assistance
Best For: First Time Homebuyers, Zero Down
The HOME+PLUS program provides up to 3% down payment and closing cost assistance for your Arizona home purchase.
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$472,030
Up to 3.00% of 1st Loan Amount Program Benefit Amount
AZIDA HOME+PLUS 2% Assistance
Best For: First Time Homebuyers, Zero Down
The HOME+PLUS program provides up to 2% down payment and closing cost assistance for your Arizona home purchase.
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$726,200
Up to 2.00% of 1st Loan Amount Program Benefit Amount
See If You Qualify for Arizona Industrial Development Authority (AZIDA) Loans
* ReviewMyMortgage.com Inc. is in no way affiliated with or endorsed by AZIDA or any of its subsidiaries. We are an educational resource website that compiles information on different financing institutions and the loan products they offer in the United States.
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