About the Home in Five Advantage (Home in 5) Program
The Home in Five Advantage (Home in 5) program helps potential home owners buy a home in Maricopa County.
Qualified homebuyers receive up to 3 percent assistance for down payment and closing costs, plus a loan with a competitive interest rate.
For more than five years, Maricopa County and Phoenix Industrial Development Authorities have provided down payment assistance through the Home in Five Advantage program and helped approximately 17,000 home buyers achieve the American dream of home ownership.
Additional Assistance to Eligible Individuals
Additional Home in 5 down payment assistance equal to 1% is available to K-12 teachers, first responders, U.S. military personnel, veterans and income qualified individuals who earn up to $33,100 annually.
Minimum FICO credit score of 640
residence within 60 days of closing
condominiums, or townhouses
Ready to Get Started and Learn More?
It is best to work with real estate agents experienced with the Home in 5 program. As well, participating lenders help homebuyers identify the mortgage loan that is best for each income and situation.
Required Homebuyer Education
Complete an 8-hour homebuyer education course through an Arizona-based HUD Approved Housing Counseling Agency, including limited online courses.
Homebuyers must obtain a certificate of completion and present it to their lender. The program qualified lender will assist you with this.
Home in 5 Recipient
- Starr, new homeowner
Advancing Home Ownership for
More Than Five Years
homebuyers assisted in
Phoenix metro area
qualified lenders to help you
"I am paying $600 month and buying a house while I have friends paying $800-$900 a month for an apartment. And I am building equity. I have recommended to them to buy a home and take advantage of programs like Home in Five."