Home In 5 - Down Payment Assistance

No down payment?  No problem!




The Industrial Development Authority of the County of Maricopa and the Industrial Development Authority of the City of Phoenix, Arizona, have joined together to help homebuyers obtain FHA, VA, or USDA-RD loan financing to purchase a home anywhere in Maricopa County, including the City of Phoenix. Through the Home in Five Advantage program, individuals or families who qualify can obtain a 30-year fixed rate loan, with a non-repayable down payment/closing cost assistance grant. This program also includes qualified United States Military Personnel. Assistance is a grant and does not require repayment.

Program Eligibility

  • Homebuyers may purchase a home anywhere in Maricopa County, including in the City of Phoenix.

  • Buyers must occupy the home as their principal residence within 60 days of closing.

  • The program may only be used to purchase a home - you cannot refinance.

Homebuyer Eligibility

  • Buyers must have a minimum FICO credit score of 640 and maximum 45% debt-to-income (DTI) ratio.

  • Standard loan guidelines exist for qualification: adequate income and acceptable credit.

  • Maximum income limits (currently $99,169) apply.

  • Buyers must attend a home buyer education course and obtain a certificate of completion.

Homes that Qualify

  • New or existing single family residences

  • New or existing townhouses

  • New or existing condominiums

  • New or existing patio homes

Request Lender Contact to speak with a qualified loan professional - adding "Home in 5" in the subject line.

Additional links:

Arizona Home Financing

Pathway to Purchase


AZ Rent to Own Homes

USDA Home Loans



Arbor Realty


Karen Peyton, Associate Broker

"Because someday begins today."