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 5 percent assistance for down payment and closing costs, plus a loan with a competitive interest rate.
Borrowers Get up to 5%
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 $36,450 annually.
How To Qualify
- Minimum FICO credit score of 640
- Annual income up to $105,000
- Debt to Income ratio up to 50%
- 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
“The entire process of buying a home through Home in Five Advantage was very smooth and easy. I just needed to take a class to meet the requirements. I think everyone should take advantage of this!”
- Edgar, recent homebuyer, Litchfield Park