Arizona MLS Real Estate Search

Need help with ANY AZ Mortgage or Down Payment Assistance Programs in AZ?

We can help you get qualified for ANY AZ mortgage so you can buy a home including the several Down Payment Assistance Programs in AZ!   There are a few First Time Home Buyer Programs in AZ as well!! Which mortgage program is best for you?  What program will get you the best payment?  Are you looking for an FHA Loan, VA Loan, USDA Loan, Jumbo Loan or a Conventional Loan?  We're here to help get you the most up to date mortgage rates in Arizona with the best payment that fits your situation!

Also get access to our Realtor MLS UPDATED EVERY 5 Minutes!  That means EVERY home from EVERY Real Estate Company that is currently for Sale and FASTER THAN ZILLOW!

Questions or need help to get started with the mortgage process?
Call/text us at (480) 442-2502 or click the LIVE CHAT below.

Home Plus has been a very popular down payment assistance program in Arizona for many years. It is offered statewide in all counties and can be combined with various first mortgage programs such as FHA, VA, USDA and conventional loans.

The Home Plus home buyer down payment assistance program offers home buyers down payment assistance in the form of 3-year, zero-interest silent second mortgage that is forgiven partially over the three years from the time that the house is purchased. The Home Plus program is administered by the Arizona Industrial Development Authority, a nonprofit corporation and political subdivision of the State of Arizona.

The various loan programs that are offered through Home Plus have different qualifying guidelines. This includes having Home Plus income limits.

Why Does Home Plus Have Income Limits in Arizona?

Home Plus and the other down payment assistance programs in Arizona were designed to help responsible Arizonans become homeowners who may not be able to overcome the barriers to homeownership on their own.

The Home Plus down payment assistance program gives borrowers a chance to become a homeowner that would otherwise be unable to get approved for a loan because they lack the minimum down payment required.

Maximum income limits are used to make sure that the Home Plus down payment assistance program is better aligned with these housing goals.

Income Limits for Home Plus Using FHA Loans With All Down Payment Assistance Options

The maximum income limit for the Home Plus down payment assistance program combined with FHA financing for all down payment assistance options is $105,291 for all counties in Arizona.

Income Limits for Home Plus Using VA Loans With All Down Payment Assistance Options

The maximum income limit for the Home Plus down payment assistance program combined with a VA home loan for all down payment assistance options is $105,291 for all counties in Arizona.

Income Limits for Home Plus Using USDA Loans With All Down Payment Assistance Options

The maximum income limit for the Home Plus down payment assistance program combined with a USDA mortgage for all down payment assistance options is $105,291 for all counties in Arizona.

Home Plus Income Limits When Using Fannie Mae HFA Preferred or Freddie Mac HFA Advantage Loan Programs With All Down Payment Assistance Options AND Borrower Income is Over 80% AMI

The maximum income limit for the Home Plus down payment assistance program combined with a conventional Fannie Mae HFA Preferred or Freddie Mac HFA Advantage loan program for all down payment assistance options is $105,291 for all counties in Arizona.

Home Plus Income Limits When Using Fannie Mae HFA Preferred or Freddie Mac HFA Advantage Loan Programs With All Down Payment Assistance Options AND Borrower Income is Under 80% AMI

The maximum income limit for the Home Plus down payment assistance program combined with either the Fannie Mae HFA or the Freddie Mac HFA program for all down payment assistance options varies by county.

Here is the maximum borrower income for each county.

Apache County is $39,760.

Cochise County is $43,280.

Coconino County is $61,120.

Gila County is $40,400.

Graham County is $49,040.

Greenlee County is $49,040.

La Paz County is $39,760.

Maricopa County is $58,320.

Mohave County is $44,960.

Navajo County is $39,760.

Pima County is $51,120.

Pinal County is $58,320.

Santa Cruz County is $39,760.

Yavapai County is $52,880.

Yuma County is $40,720.

Maximum Borrower Income Chart by County in Arizona provided by the Arizona IDA.

What is AMI?

AMI stands for Area Median Income. Every year, the Department of Housing and Urban Development (HUD) publishes annual income limits based on household size that are used to determine the maximum household income. The Area Median Income (AMI) is the midpoint of an area’s income distribution. In other words, half of the families in an area earn more than the median and half earn less than the median. If your household income falls between 51% and 80% of your area’s AMI, you are considered a low-income household.

Fannie Mae provides this tool to help you lookup the Area Median Income in your region. It shows the applicable Area Median Income (AMI) for each applicable census tract. Lender may use the AMI limits for purposes of determining income eligibility for HomeReady or other loans — such as the Home Plus Fannie Mae HFA Preferred and the Freddie Mac HFA Advantage programs — that have AMI requirements.

How is Household Income Calculated?

When applying for a mortgage, the gross income from both the borrower and co-borrower is included in the qualifying income. Gross income is the amount of income that a borrower makes before income taxes. In order to be used to qualify for a loan, income must be considered stable and durable. Although this is subjective, mortgage companies have to examine an applicant’s income source to obtain a satisfactory level of comfort that the borrower will has the ability to repay the loan. Typically, a lender will want to see that the borrower has had a stable source of income for the past two years and that the income is likely to continue for at least the next three years.

The typical income used for qualifying purposes includes:

  • standard salary or hourly pay
  • overtime income
  • bonus income
  • commission
  • self-employment income
  • disability income
  • social security income
  • any other income that an applicant receives on a regular basis.

Determining a Mortgage Amount a Borrower Can Afford

As mentioned, a lender must determine a borrower’s ability to repay a loan in order to provide loan approval. Once the household income is determined, the mortgage company will review the borrower’s monthly required payments for consumer debts. Lenders pay attention to the debts on a credit report. For most Arizona home buyers looking to use the Home Plus down payment assistance programs, these debts include some or all of the following:

  • credit card minimum required payments
  • auto loan payments
  • student loan payments
  • installment loan payments
  • alimony and/or child support payments
  • payment arrangements for taxes owed for previous years

Debt-To-Income Ratios

Once the mortgage company has calculated an applicant’s usable gross monthly income and total monthly debts, the lender will calculate the borrower’s debt-to-income ratios. A debt-to-income ratio is an applicant’s total monthly debt payments divided by his or her usable gross monthly income. Lenders must calculate to debt-to-income ratios to determine how much an applicant can qualify to borrow.

Front-End Ratio

The first debt-to-income ratio that the lender will calculate is the borrower’s front-end ratio. This is the borrower’s total potential monthly housing payment divided by the applicant’s usable gross monthly income. The housing payment must include the full PITI payment. PITI stands for principal, interest, tax and insurance (homeowners insurance). In addition to these items the full payment also must include mortgage insurance and monthly HOA payments when applicable. So, if an applicant wants to buy a home with a $1500.00 PITI mortgage payment and the borrower has $6000 in monthly income, his front-end ratio would be 25%. $1500 / $6000 = 25%

Back-End Ratio

The next ratio that a lender will calculate is the borrower’s back-end ratio. The back-end ratio is the applicant’s combined amount of the proposed monthly housing payment and all other monthly debt payments divided by his or her usable monthly gross income. So, for example, if an applicant has a potential mortgage payment of $1500, a car payment of $275, a student loan payment of $60 and a minimum monthly credit card payment of $100 and his/her monthly income is $6000, then the back-end ratio is 32%. ($1500 + $275 + $60 + $100) / $6000 = 32%

Note: Maximum debt-to-income ratios are listed throughout this site, for the various down payment assistance programs (ex. 50%). Unless specifically stated otherwise, the maximum debt-to-income ratio is referring to the back-end ratio.

How Your Debt-To-Income Determines How Much You Qualify to Buy

Here is a quick explanation of how a lender will calculate what home purchase price you qualify to buy.

  • Based on the information that you provide during the loan application interview, your loan officer will select the best loan program to meet your needs.
  • Your loan officer will confirm the maximum back-end debt-to-income ratio allowed for the selected mortgage program.
  • Your loan officer will calculate your usable gross monthly income.
  • Your loan officer will multiply your usable gross monthly income by the maximum debt-to-income ratio to determine the maximum debt ceiling.
  • Your loan officer will review your total monthly debt payments (excluding your potential mortgage payment) and subtract them from the maximum debt ceiling. This will leave the maximum allowable total monthly mortgage payment.
  • Your loan officer will make sure that this amount does not exceed the maximum front-end ratio requirement.
  • Your loan officer will check to see what the current interest rate is for the selected loan program, estimate tax, insurance and HOA payments in the area you are looking to buy and use these variables to determine the maximum loan amount that you qualify to buy.
  • The loan officer will apply the minimum down payment required to the calculation to determine the maximum purchase price.

Pay Attention To How Your Maximum Purchase Price is Calculated

It is important that you know how your maximum purchase price is calculated so you can make sure your lender is giving you the best opportunity to buy in the price range you want. There are many different variables in play.

Here are some things that you must consider:

  • The lower the rate, the more you will qualify to buy.
  • Loan programs have different interest rates.
  • Each house has a different tax, insurance and HOA amount. Your loan officer needs to be fairly acquainted with the area where you are looking to buy.
  • Lenders can calculate your income differently. If they are too conservative, they may qualify you for less than you want. If they are too aggressive, they may over qualify you.
  • You need to check for errors on your credit report to make sure that it is reporting your monthly debt obligations correctly.

You might find out that your debt-to-income ratio is too high and it is keeping you from qualifying to buy homes in the price range that you want. If this happens, here are some things that you can do to lower your debt-to-income ratio:

  • Ask a family member to co-sign for the loan.
  • Ask your employer for a raise.
  • Look for homes that are priced lower.
  • Pay off or pay down some debts.
  • Put more money down.
  • Select a different loan program that has a lower rate.
  • Get seller concessions and use them to buy down your interest rate.

There are other strategies that you can employ. It’s important that you talk to an experienced lender to get the right advice and form the right plan. Remember, it is not difficult to qualify for the Home Plus program. You aren’t placed on a waiting list or ranked against other applicants. You just have to meet the standard criteria to qualify for the loan.

The Home Plus assistance program is among the most flexible programs offered in Arizona. It even allows you to purchase a home with others that will not be on the loan. If you meet the standard criteria, you have a variety of ways to get yourself approved for this program.

If you have any questions, please contact us. We are eager to assist you in your homebuying journey.

HOMES WE CAN HELP YOU FINANCE

$234,990
2 Beds ⋅ 1 Baths ⋅ 7061982 MLS ⋅ 902 SqFt.
MOVE-IN READY & BEAUTIFULLY UPDATED! This charming 2-bedroom, 1-bath Mesa townhouse has been refreshed with the upgrades buyers are looking for--including a remodeled kitchen, updated bathroom, new flooring throughout, and a new water heater. Even better, the roof has recently been replaced by the HOA, offering added peace of mind. The functional two-story layout keeps both bedrooms upstairs while providing comfortable living space on the main level. Conveniently located near shopping, dining, schools, and major roadways. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this updated home is ready for its next owner

600 S Dobson Road Unit 87, Mesa
$299,800
2 Beds ⋅ 2 Baths ⋅ 7061822 MLS ⋅ 1,112 SqFt.
Enjoy low-maintenance living in the gated Villas Tuscany community, ideally located in desirable East Mesa near shopping, dining, golf, parks, medical facilities, and convenient freeway access. This move-in ready 2-bedroom, 2-bath home offers a functional open-concept floor plan, modern features, and the security and convenience today's buyers are looking for. Inside, you'll find vaulted ceilings, durable tile flooring throughout, 2-inch blinds, and a spacious great room designed for comfortable everyday living and easy entertaining. The open kitchen features a breakfast bar, pantry, abundant cabinetry with hardware, stainless-steel appliances, and a brand-new range/oven, making meal preparation both convenient and enjoyable. A soft water loop is also included. The private primary suite... offers a walk-in closet and en-suite bathroom, while the split-bedroom layout provides flexibility for guests, a home office, or roommates. Step outside to a covered patio--perfect for enjoying Arizona mornings or relaxing in the evening. Security screen doors at both the front and back entrances provide added peace of mind and allow for fresh air throughout the home. Located just a short walk from the community pool, this home offers the perfect blend of privacy, convenience, and resort-style amenities. Whether you're searching for a primary residence, lock-and-leave second home, retirement property, or investment opportunity, this home delivers outstanding value in one of East Mesa's most convenient gated communities.

64 N 63rd Street Unit 18, Mesa
$355,000
2 Beds ⋅ 3 Baths ⋅ 7061810 MLS ⋅ 1,100 SqFt.
Welcome to this beautiful 2-bathroom home in the desirable Villagio at Tempe community. The open great-room floor plan features a spacious kitchen and comfortable living area. Both bedrooms include generous walk-in closets, and the home also offers convenient inside laundry. Ideally located near the Loop 101 and 202 freeways, ASU and Tempe Marketplace. This well-maintained property combines comfortable living, attractive community amenities, and highly convenient Tempe location.

2402 E 5th Street Unit 1555, Tempe
$327,500
3 Beds ⋅ 2 Baths ⋅ 7061734 MLS ⋅ 1,385 SqFt.
**BRAND NEW A/C installed in July 2025!** Enjoy peace of mind knowing this high-efficiency system is only one year old and comes with a transferable warranty for the new owner. Welcome to this beautifully maintained home in the highly sought-after **Augusta Ranch** community, where comfort, convenience, and lifestyle come together. Perfectly situated close to the neighborhood's sparkling community pool, you'll enjoy resort-style amenities practically right outside your door. Inside, you'll find an inviting open-concept floor plan designed for both everyday living and effortless entertaining. The great room flows seamlessly into the kitchen, creating a bright and welcoming atmosphere. The kitchen is equipped with sleek stainless steel appliances, generous counter space, and excellent sightlines to the main living areas, making it ideal for hosting family and friends. One of the home's most striking architectural features is the stunning industrial-style spiral staircase, which leads to an expansive loft. Whether you're looking for a home office, game room, media space, workout area, or additional living room, this versatile loft offers endless possibilities. The thoughtfully designed split-level floor plan provides exceptional functionality. The private primary suite is conveniently located on the first floor with easy access from both the front entry and the attached two-car garage. The laundry room is also located on the first level, adding to the home's everyday convenience. Upstairs, you'll find two additional bedrooms, a full bathroom, and the main living spaces, offering an ideal layout for families or guests. Located just steps from the community pool, this home also backs up the incredible Augusta Ranch lifestyle with a beautiful tree-lined greenbelt nearby and an elementary school within easy walking distance. The HOA takes care of all front landscaping, giving you more time to enjoy the community and less time worrying about yard maintenance. Families will appreciate being located within an award-winning school district, including a highly regarded elementary school. Augusta Ranch is known for its prime Mesa location with convenient access to both the US-60 and Loop 202, making commuting throughout the Valley quick and easy. You'll also be just minutes from a wide variety of shopping, dining, entertainment, golf, and everyday conveniences. This exceptional home combines a versatile floor plan, beautiful community amenities, low-maintenance living, an unbeatable location, and the added value of a brand-new A/C system. Don't miss your opportunity to own a home in one of Mesa's most desirable neighborhoods!

9233 E Neville Avenue Unit 1147, Mesa
$250,000
2 Beds ⋅ 2 Baths ⋅ 7061417 MLS ⋅ 1,113 SqFt.
Pride of ownership shines throughout this hard-to-find 2-bedroom, 2-bathroom townhome with a 1-car garage in the highly desirable Red Mountain Villas community. This truly move-in-ready home has been extensively updated from top to bottom, including a 1-year-old A/C unit, new luxury vinyl plank flooring throughout, new baseboards, resurfaced kitchen cabinetry, a new single-basin sink with faucet and garbage disposal, and a complete set of brand new black & SS appliances, including the washer and dryer. The spacious primary suite features a beautifully remodeled walk-in shower, with brand-new bathroom vanities currently being installed. Additional upgrades include new lighting and ceiling fans throughout, new backsplash, new toilets, angle stops, and more. Homes in Red Mountain Villas rarely become available making this an exceptional opportunity you won't want to miss. Residents enjoy a beautifully maintained community featuring a heated pool and spa, perfect for year-round relaxation. Enjoy carefree living with HOA-maintained front and back landscaping, making this beautifully maintained home the perfect lock-and-leave residence for winter visitors, seasonal homeowners, or anyone seeking a low-maintenance lifestyle. Conveniently located just minutes from the Loop 202, you'll enjoy quick access to shopping, dining, hospitals, multiple golf courses, miles of scenic hiking and biking trails, and Saguaro Lake--all just 15 minutes away.

1951 N 64th Street Unit 4, Mesa
$298,000
2 Beds ⋅ 2 Baths ⋅ 7061395 MLS ⋅ 1,227 SqFt.
Beautifully maintained end-unit home in a fantastic location within the community! Enjoy added privacy and a short walk to the kids' play area and community pool. The 1-car garage is located directly beneath the home and features private interior stairs leading to all living spaces on the second floor, plus a separate storage area for added convenience. Inside, you'll find a spacious kitchen with cherry cabinetry, a glass-top range, and a refrigerator included. The kitchen opens to a balcony-perfect for enjoying your morning coffee or evening breeze. The generously sized primary suite features a private bath, while the large secondary bedroom has access to a second full bath. Gray wood-look LVP flooring, installed in 2021, adds to the home's modern, inviting feel. Great access to 202/60.

1265 S Aaron -- Unit 293, Mesa
$334,900
2 Beds ⋅ 3 Baths ⋅ 7061315 MLS ⋅ 1,200 SqFt.
Welcome home to this desirable CORNER UNIT TOWNHOUSE featuring 2-BEDROOMS, 2.5-BATHS, and 2 PRIVATE ENSUITE BATHROOMS. This OPEN-CONCEPT home showcases TILE & WOOD/LAMINATE flooring throughout and offers a spacious kitchen with MAPLE CABINETRY, GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, and a BREAKFAST BAR--perfect for everyday living and entertaining. Convenient UPSTAIRS LAUNDRY is located near the bedrooms, while the main-level POWDER ROOM adds extra convenience. Relax on your PRIVATE PATIO with an exterior STORAGE ROOM and enjoy the convenience of 1 COVERED PARKING SPACE. Residents also enjoy COMMUNITY POOLS, ASSIGNED PARKING, and beautifully maintained COMMON AREAS with HOA-maintained FRONT LANDSCAPING. Ideally located near SCHOOLS, SHOPPING, RESTAURANTS, PARKS, and MAJOR FREEWAYS. A fantastic opportunity for FIRST-TIME HOME BUYERS, DOWN-SIZERS, or INVESTORS.

1600 N Saba Street Unit 172, Chandler
$339,950
2 Beds ⋅ 2 Baths ⋅ 7061085 MLS ⋅ 1,237 SqFt.
Location, location, location! Don't miss this incredible opportunity to own a single-level townhome in the highly desirable Dana Ranch Villas. Ideally situated less than five minutes from US-60 and just one mile from Village Square at Dana Park, you'll enjoy convenient access to shopping, dining, and entertainment. This freshly painted 2-bedroom, 2-bath home with a 2-car garage features an open, light-filled floor plan with vaulted ceilings, beautiful wood flooring, and new plush carpet in both bedrooms. The spacious kitchen offers ample cabinetry and counter space and includes all appliances, including the refrigerator. The inside laundry room comes complete with a side-by-side washer and dryer for added convenience. Step outside to enjoy your private, fenced backyard with a covered patio, perfect for relaxing or entertaining, as well as a charming front courtyard that adds to the home's welcoming appeal. The beautifully maintained community features lush green landscaping, mature shade trees, and a community pool just a short stroll away. Combining comfort, convenience, and an unbeatable location, this move-in-ready home is one you won't want to miss!

3510 E Hampton Avenue Unit 49, Mesa
$290,000
3 Beds ⋅ 2 Baths ⋅ 7061065 MLS ⋅ 1,368 SqFt.
3 bed, 2 bath property nestled in Ville Monaco! Great location close to restaurants, parks, medical centers, and schools.

5256 S Monaco Drive, Tempe
$400,000
3 Beds ⋅ 3 Baths ⋅ 7060699 MLS ⋅ 1,623 SqFt.
Awesome Historic Downtown Chandler. Only 2 floorplans like this in the complex! 2 levels - 3bd/ 3 ba-1 bed and full bath downstairs. tons of built ins. Walk to your favorite restaurants, pubs, coffee shops, San Marcos golf course, weekly farmers market, library, shopping, movie theater, Chandler Center for The Arts, & SO much more! End unit with only one shared wall. Spacious kitchen with granite countertops is open to the great room. Main suite features oversized master bath and it's own private cozy balcony! Second bedroom also features it's own private balcony! Relax poolside at the beautiful resort style community pool & spa! Easy access to Loop 202, Loop 101 & 10 min from the booming Price Corridor. 2 car garage has A/C. Can be used as game room -can be garage

123 N Washington Street Unit 7, Chandler
Start Your Search

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.