“ADFA MOVE-UP” LOAN PROGRAM
This program offers homebuyers, an affordable mortgage. And when using an ADFA Move-Up loan, borrowers may be eligible to combine it with other ADFA single family home buying incentives.
PROGRAM INFORMATION
SINGLE FAMILY STAFF
ADDITIONAL PROGRAMS
ARKANSAS DREAM DOWN PAYMENT INITIATIVE (ADDI)
The Arkansas Dream Down Payment Initiative (ADDI) provides lower income homebuyers in Arkansas, who qualify, up to 10% of the purchase price of their home, not to exceed $10,000. It is a second mortgage loan with no monthly payment that is forgivable over five years.
ADFA DOWN PAYMENT ASSISTANCE PROGRAM (DPA)
The ADFA Down Payment Assistance Program (DPA) can provide up to $15,000 for down payment and closing cost assistance. ADFA's Down Payment Assistance (DPA) Loan is a second mortgage with a 10-year term. It carries the same interest rate as the "ADFA Move-Up" Loan Program.
ADFA MCC - MORTGAGE CREDIT CERTIFICATE PROGRAM
The ADFA MCC Program is a dollar-for-dollar tax credit for first time, low-to-moderate income homebuyers. The certificate is issued by ADFA and allows qualifying homebuyers to claim a tax credit of up to 35% of the mortgage interest paid per year.
ADFA APPROVED LENDERS
Tell us the city you want to live in, and we’ll show you a list of trusted lenders in your area and help you get started on your homeownership journey.
