Arizona First Time Home Buyer Programs

Resources to Buy Your First Home in Arizona

Arizona Down Payment Assistance Programs: A Better Way to Own a Home 

Don’t Let Upfront Costs Stop You 

Saving for a down payment and paying closing costs are two of the biggest hurdles for many home buyers. At ArizonaFirstTimeHomeBuyerPrograms.com, we help you find programs that reduce those barriers. One of the best options now is the Supreme Dream Down Payment Assistance (DPA) program. 

Here’s how it works, who qualifies, and how you can get started. 

What Is the Supreme Dream DPA Program? 

The Supreme Dream DPA helps home buyers by providing extra funds—on top of your regular mortgage—to assist with down payment and closing costs. 

This help comes in the form of a second loan. You pay it back over time. But with this program, the extra loan is structured to be affordable and user friendly. 

  • The second loan covers 3.5 % or 5 % of the home’s price or appraised value 
  • You use it for down payment and/or closing costs 
  • It closes at the same time as your main mortgage, so it is part of your home purchase, not added later 
  • You start building equity in your home right away 

This program makes it easier to become a homeowner without needing to save tens of thousands up front. 

Why Choose Supreme Dream DPA? 

  • Helps you buy a home with less cash out of pocket 
  • Gives you access to down payment help when you qualify for an FHA loan 
  • No income limits—more buyers can benefit 
  • No rule that you must be a first time buyer 
  • Support from experienced, local lenders who know your area 

In short: a trusted path to homeownership that is simpler and more accessible than many traditional programs. 

Who Qualifies? 

You may qualify if your situation meets these criteria: 

  • Credit score: 600 or higher (specific option may require 640) 
  • You must live in the home as your primary residence 
  • You must qualify for an FHA mortgage 
  • Manual underwriting is allowed (as long as FHA rules are followed) 
  • No income limits 
  • Co-borrowers who will not live in the home may be allowed 

If you can qualify for an FHA mortgage, there’s a strong chance you can qualify for this assistance. 

What Kinds of Homes Work? 

You can use this program for many property types in Arizona: 

  • Single family homes 
  • Two unit properties 
  • FHA approved condos 
  • Townhomes and planned unit developments 
  • Manufactured homes (single or double wide) 

The property must be your main home. Investment homes, vacation homes, and co-ops usually do not qualify. 

Example of How It Helps 

Let’s say you’re buying a home priced at $500,000: 

  • With 5 % assistance, you get $25,000 
  • That amount helps cover your down payment or closing costs 

This means you may be able to buy sooner than you thought possible. 

The Process: From Start to Home 

  1. Fill out our short form to get started 
  1. We check your eligibility based on income, credit, and your goals 
  1. You get pre-approved and start looking at homes 
  1. You close using your mortgage plus the extra assistance loan 
  1. You repay the second loan over its term — it’s part of your monthly payments 

There is no cost just to apply, and you are under no obligation to move forward. 

Feature   Empowered DPA Other Programs
Forgivable grant ✅ Yes ❌ Often not 
Must be repaid? ❌ No ✅ Usually 
Second lien? ❌ None ✅ Common 
Minimum occupancy? ❌ None ✅ 3–10 years typical 
Delay in funding? ❌ No ✅ Sometimes 
Works with FHA loan? ✅ Yes ✅ Some do 
Easy qualification? ✅ Yes ❌ Often strict 

Why Act Now? 

Home prices and interest rates tend to rise over time. Waiting could mean paying much more in the future. Programs like Supreme Dream DPA may change or close, so taking action now gives you the best chance while help is available. 

Click here to see if you qualify and get your path to owning a home started.