Home Plus Down Payment Assistance Program


Home plus down payment assistance program

The Home Plus Program, available through the Arizona Housing Finance Authority (AzHFA), helps make homeownership possible with up to 6% down payment assistance. Eligible homebuyers will receive assistance in the form of a second mortgage, which is forgivable in just three years.

Program Details:

  • Up to 5% down payment assistance

  • Additional 1% assistance for qualified military personnel – ask for details

  • Available with conventional, FHA, VA, and USDA loans

  • Credit score requirements as low as 640

  • Income and purchase price limits apply – ask for details

  • Property must be a primary residence in Arizona

  • Homebuyer education required

Are you ready to achieve your homeownership goals? Get pre-approved today! Contact a Waterstone Mortgage loan professional to learn more.


All loan requests are subject to credit approval as well as specific loan program requirements and guidelines. With Adjustable Rate Mortgage loans, the rate is variable and may increase or decrease every year after the initial fixed rate period based on changes to an index. This could result in an increase in the monthly payment.