Down Payment Assistance
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Saving use to be the hardest part

Saving for a down payment can be one of the biggest obstacles to overcome when buying a home. The good news is that there is down payment assistance available in every county of Arizona. Down payment assistance is widely popular, however, it is not widely advertised. Most down payment programs come in the form of grants, meaning you will not need to repay the assistance. 

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How Does Down Payment Assistance Work?

Traditionally, the minimum down payment to purchase a home is typically 3-5% down. For a 200,000 Purchase, That is $6,000 – $10,000 to purchase a home. Down Payment Assistance comes from the Arizona Department of Housing, Non-Profits and Private Lenders. What these programs do is give qualified individuals grants towards their home purchase, avoiding the need for a down payment. Our average client moves in to a home for around $2,500 out of pocket. The assistance amounts can vary depending on credit score and income however there are programs almost anyone can qualify for.


*The Product/Program information contained here is educational only and not a commitment to Lend all Loans have to be reviewed By a licensed underwriter, Rates and available loan programs are subject to change without notice.  Eligible Products – Purchase in Arizona Other conditions and restrictions may apply.

Home Pad Lending LLC is a licensed Mortgage Broker in the state of Arizona. NMLS 1857677 AZ MB-1001528. This is not a commitment to lend. All loans subject to credit approval. Guidelines subject to change without prior notice. This information is provided to assist business professionals only and is not an advertisement extended to the consumer as defined by Section 226.2 Regulation Z.-EOE. Equal Housing Lender.
16605 S. 38th Pl, Phoenix, AZ 85048. Main: 480.370.0851

Contact your loan officer for more information.