The American Dream is within reach
About the Home in Five Advantage Program
The Home in Five Advantage program helps low and moderate-income individuals and families buy a home in Maricopa County.
Qualified homebuyers receive up to 3 percent assistance for down payment and closing costs, plus a loan with a competitive interest rate.
Most Borrowers Get 3%
Eligible Individuals Get 1% More
Additional Assistance to Eligible Individuals
An additional 1% assistance is available to K-12 teachers, first responders, U.S. military personnel, veterans and income qualified individuals who earn up to $34,550 annually.
How To Qualify
- Minimum FICO credit score of 640
- Annual income up to $99,169
- Debt to Income ratio up to 45%
- Occupy the home as principal
residence within 60 days of closing
- Complete Homebuyer education
- Located in Maricopa County
- A new purchase (no refinancing)
- New or existing houses,
condominiums, or townhouses
- Purchase price is not limited
Participating lenders help homebuyers identify the mortgage loan that is best for each income and situation.
Required Homebuyer Education
Complete an 8-hour homebuyer education course through an Arizona-based HUD Approved Housing Counseling Agency, including limited online courses.
Homebuyers must obtain a certificate of completion and present it to their lender.
Meet a Homebuyer
"I am paying $600 month and buying a house while I have friends paying $800-$900 a month for an apartment. And I am building equity. I have recommended to them to buy a home and take advantage of programs like Home in Five."
- Starr, new homeowner