HomePlus

Administered by the Arizona Industrial Development Authority (Arizona IDA), a nonprofit corporation and political subdivision of the State of Arizona, the HOME+PLUS Home Buyer Down Payment Assistance Program provides a 30-year fixed-rate mortgage combined with down payment assistance (DPA) ranging from 0% – 5% depending upon the new underlying first mortgage. The DPA can be used toward the down payment, closing costs, or a combination of the two. The DPA is only available in conjunction with a HOME+PLUS mortgage. 

PROGRAM HIGHLIGHTS

Available statewide; all counties and cities within Arizona. 

Borrower(s) annual income not to exceed $109,965.00 

Reduced mortgage insurance premiums on conventional (Fannie/Freddie) mortgages. 

All borrowers on the mortgage must have a minimum credit score of 640. 

DPA OF 0% – 5%

See If You Qualify

This program is Administered by the Arizona Industrial Development Authority (Arizona IDA) for Arizona residents only. *Closing costs and fees may still apply.

16430 N. SCOTTSDALE ROAD #150 SCOTTSDALE, AZ 85254 | 480.282.6270 | WWW.ROOKERTEAM.COM

*Homebuyer eligibility requirements may apply. Programs may be limited to specific Arizona cities. Contact a Primary Residential Mortgage Loan Originator for full program details. Rates quoted are based on the examples above. Rates are subject to change and are subject to borrower qualification. PRMI NMLS 3094. PRMI is an equal housing lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. terms and conditions apply. This is not a commitment to lend. programs, rates, terms and conditions are subject to change without notice. Arizona licenses as Primary Residential Mortgage, Inc., Arizona Department of Financial Institutions BK# 0902614. Branch NMLS 1087370 AZ MLO 0118716

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