AZ Home Plus & Other First-Time Buyer Down Payment Programs for Queen Creek Buyers

Queen Creek and San Tan Valley have grown quickly, and home prices have followed — which makes down payment assistance programs especially relevant for first-time buyers trying to break into this market.

Arizona's Home Plus Program

Home Plus, also marketed as "Arizona Is Home," is a statewide program administered by the Arizona Industrial Development Authority in partnership with the Arizona Department of Housing. It pairs a 30-year fixed-rate mortgage with down payment assistance structured as a forgivable second mortgage — available to eligible buyers anywhere in the state, including Queen Creek and San Tan Valley.

How It Works With a Purchase Loan

Home Plus layers assistance on top of a first mortgage rather than replacing it — you still go through a standard loan process (often FHA or conventional), and the assistance covers some or all of your down payment. See our first-time buyer loan program page for more on how this pairs with FHA and conventional options.

Income Limits and Eligibility

Home Plus sets income limits that vary by household size and county, and program terms can change. Queen Creek spans both Maricopa and Pinal counties, so it's worth confirming current eligibility with a matched lending partner rather than assuming based on general guidance.

What If You Don't Qualify?

If you're above the income limits or the program isn't the right fit, that doesn't mean you're out of low-down-payment options — FHA loans (3.5% down), VA loans (0% down for eligible veterans), and certain conventional programs (as low as 3% down) remain available statewide regardless of DPA eligibility.

Queen Creek Mortgages connects Queen Creek and San Tan Valley buyers with lending partners who work directly with Home Plus and standard low-down-payment loan programs — at no cost and with no obligation.