Your complete guide to down payment assistance, FHA financing, loan options, and the home buying process.
Apply Now Talk With FrankBy Frank Roccuzzo | Mortgage Broker & Arizona Real Estate Professional
Serving Arizona Homebuyers and Homeowners
Updated June 2026
Buying your first home is exciting, but it can also feel overwhelming. Between mortgage options, down payment requirements, credit scores, and finding the right home, many first-time buyers are unsure where to start.
The good news is that there are many loan programs and assistance options available to help Arizona homebuyers achieve homeownership.
In many cases, a first-time homebuyer is someone who has not owned a primary residence within the past three years. Some programs may have different requirements, so it is important to review your individual situation.
Many buyers are surprised to learn that purchasing a home may require less money upfront than expected. Depending on the loan program, qualified buyers may be eligible for low down payment options, grants, or assistance programs that can help reduce upfront costs.
Credit requirements vary by loan type. Some programs may allow lower credit scores while others require stronger credit profiles. A mortgage review can help determine which programs may fit your situation.
Arizona offers several programs that may help qualified buyers with down payment and closing costs. These programs can often be combined with FHA and other mortgage options.
Many loan programs allow low down payment options for qualified buyers.
Not always. Some programs may also be available to repeat buyers.
In many cases, yes. Eligibility depends on the specific program guidelines.
The first step is obtaining a mortgage review to determine your eligibility, budget, and available loan options.