Can I use down payment assistance with a conventional loan in Arizona?

Yes, some down payment assistance programs in Arizona work with conventional loans, though many are designed for FHA financing. Programs vary by county, city, and nonprofit organization, and each has its own eligibility rules based on income limits, purchase price caps, first time buyer status, and credit requirements. Assistance can come as grants, forgivable loans, or second mortgages with deferred payment. Conventional loans start at 3 percent down for qualified buyers, so combining a small conventional down payment with assistance is possible if the program and your lender both allow it. Availability and funding change throughout the year. The specifics depend on your situation and a licensed lender should confirm, and Jon can connect you with one.

Specifics depend on your situation and should be confirmed with a licensed lender. Jon can connect you with one: text (623) 826-0888.