Homebuyer Assistance

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Home in 5Home in 5 Advantage

Homebuyer Down Payment Assistance

Since 2012, over 16,800 new homeowners have taken advantage of the Maricopa County and Phoenix Industrial Development Authorities down payment assistance program.

Through the Home in Five Advantage program, you and your family may be eligible for a 2.5% or 3.5% (depending on your FICO score) down payment/closing cost assistance grant (no repayment is required), with a .5% origination fee.

We offer an additional 1% down payment assistance for Qualified United States Military Personnel, First Responders, Teachers, and those persons with qualifying annual income up to $31,450.

How the Home in 5 Advantage Program Works

  1. Meet and apply for a home loan with a Participating Lender to see if you are Eligible for the Program. Participating lenders will provide details for applying along with your Applicable Percentage Rate (APR) as required by law.
  2. Get approved!
  3. Attend a Homebuyer Education Course through a HUD approved housing counseling agency.
  4. At closing receive down payment assistance. (thousands of dollars toward the purchase of your home)
Am I eligible for the Program?

I am Interested in Down Payment Assistance – Get me a list of Participating Lenders

Or Call the Maricopa County IDA at (602) 506-7294 or the Phoenix IDA at (602) 534-9655

I want to become a Participating Lender


Maricopa County IDA
Maricopa County IDA

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