Arizona HOME Plus Home Buyer Down Payment Assistance Program Checklist

A step-by-step checklist for consumers applying for the Arizona HOME Plus Home Buyer Down Payment Assistance Program in 2025.

Confirm Your Eligibility

Verify that your household income falls within the program’s limits, which vary based on family size and location.
Ensure your credit score meets the minimum program requirement, typically at least 640, though additional criteria may apply depending on your assigned Loan Officer.
Confirm the property you plan to purchase meets the program’s price limits and will serve as your primary residence.
Check if you meet other specific eligibility criteria, such as being a first-time homebuyer or purchasing in an eligible area.

Collect proof of income, such as pay stubs, W-2 forms, or verification of other income sources.
Gather your tax returns from the past two years, including all schedules and related documentation.
Obtain bank statements from the last two to three months for all financial accounts.
Compile property details, including the address, purchase agreement, and purchase price.
Assemble any additional documents requested by your Loan Officer, such as verification of debts, liabilities, or proof of assets.

A Loan Officer has been assigned to assist you with the Arizona HOME Plus Down Payment Assistance Program.
Schedule a meeting or call with your Loan Officer to review the program details, confirm eligibility, and discuss the steps required to complete your application.
Ask any questions about the process, required documentation, or program benefits.
Follow the guidance of your Loan Officer to gather and submit all required documents efficiently.

Collaborate with your Loan Officer to accurately complete the application for the HOME Plus Down Payment Assistance Program.
Submit all required documentation to verify eligibility for the program’s assistance benefits.
Carefully review your application with your Loan Officer to ensure all information is correct and complete.
If applicable, attend a homebuyer education course to satisfy program requirements.

Sign all required documents provided by your Loan Officer to secure your participation in the program.
Prepare for any additional costs not covered by the program, such as closing costs or prepaid items.
Receive confirmation of your enrollment and details about how the assistance will be applied toward your down payment and/or closing costs.

Ensure that the purchased property remains your primary residence for the duration specified by the program’s guidelines.
Notify your Loan Officer immediately if you plan to sell, refinance, or make changes to your mortgage, as these actions could affect your program benefits.
Stay updated on any changes to the program requirements to maintain compliance and retain your assistance benefits.