AR Down Payment AssistanceArkansas Down Payment Assistance Programs
Comprehensive guide to Arkansas DPA programs through Arkansas Development Finance Authority (ADFA). Get up to Up to 3.5% of loan amount to help with your down payment and closing costs.
Arkansas DPA Programs
Arkansas Development Finance Authority (ADFA) offers multiple down payment assistance programs to help Arkansas homebuyers achieve homeownership with reduced upfront costs.
Provides down payment assistance as a second mortgage with no monthly payment. Repaid when you sell, refinance, or pay off the first mortgage.
Federal tax credit that reduces your income tax liability, effectively lowering your monthly housing payment.
| Program | Type | Amount | Forgiveness |
|---|---|---|---|
| DPA Loan | Deferred Loan | Up to 3.5% of loan amount | N/A |
| Mortgage Credit Certificate | Tax Credit | Up to $2,000 annual tax credit | N/A |
Eligibility Requirements
To qualify for Arkansas down payment assistance programs, you typically need to meet these requirements:
- First-time homebuyer (no ownership in past 3 years)
- Minimum credit score of 640
- Property must be primary residence in Arkansas
- Meet income and purchase price limits
- Use FHA, VA, USDA, or Conventional loan
How to Apply for Arkansas Down Payment Assistance
Follow these steps to access Arkansas down payment assistance programs through duPont Lending
Get Pre-Qualified
Complete our quick online application to determine your eligibility and loan options.
Choose Your Program
Work with your loan officer to select the best Arkansas DPA program for your situation.
Complete Education
Optional: Complete homebuyer education to better understand the process.
Close on Your Home
Finalize your loan with down payment assistance applied, reducing your upfront costs.
Ready to Access Arkansas Down Payment Assistance?
Get pre-qualified in minutes and discover which Arkansas DPA programs you qualify for. Our experienced team will guide you through every step of the process.
Official Arkansas Resources
For more information about Arkansas down payment assistance programs
Arkansas Development Finance Authority (ADFA)
Official state housing finance agency administering DPA programs in Arkansas
Visit Official WebsiteNeed help navigating Arkansas DPA programs? Our team specializes in down payment assistance and can help you determine which program is best for your situation.
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