Let’s unlock your dreams.
OneAZ down payment assistance makes homeownership possible for all Arizona homebuyers.
First-time homebuyers may be eligible for up to $29,172* in down payment assistance through the WISH (Workforce Initiative Subsidy for Homeownership) program.
For every $1 you put down, the WISH Program will match $4!
Down Payment Assistance at OneAZ
Let OneAZ help you unlock the door to home ownership. Eligible first-time homebuyers can qualify for down payment assistance at OneAZ through the Workforce Initiative Subsidy for Homeownership (WISH) Grant Program or through the Middle-Income Downpayment Assistance (MDPA) Grant Program.
WISH Down Payment Assistance Program Get up to $29,0001 toward your first home!
First-time homebuyers may be eligible for up to $29,000 in down payment assistance through the WISH Grant Program.
For every $1 you put down, the WISH Program will match $4!
Apply today – funds are limited!
Schedule an Appointment Call 855.505.4663
To be eligible for WISH Down Payment Assistance, homebuyers must:
- Have successfully completed a homebuyer counseling program.
- Be a first-time homebuyer, as defined by Federal Home Loan Bank (FHLBank) in its AHP Implementation Plan.
- Meet income eligibility guidelines, as published by FHLBank at the time of enrollment in the WISH Program and be at or below 80% of the HUD Area Median Income (AMI).
- Contribute $1 for every $4 received, which may come from savings or gifted funds.
- Other requirements and conditions may apply.
Middle-Income Down Payment Assistance Program (MDPA) Get up to $50,0002 toward your first home!
Funding for the MDPA program is no longer available.
Other Affordable Home Loan Programs Available for Homebuyers
These affordable housing options are available on 7-year ARM, 10-year ARM and 30-year fixed-rate mortgages at OneAZ.
Why Choose OneAZ for Your Home Loan?
- 0.25% Discount Enjoy a discount on your home loan interest rate just for banking with us5
- Guaranteed On-time Closing Our loans close in 24 days or we’ll give you $1,0006
- Low Fees at Closing OneAZ has some of the lowest fees in Arizona
- Local Expertise Our mortgage team knows the local market and will keep you informed on the progress of your loan application
- 24/7 Live Loan Application Support Apply for your loan by phone or online anytime, day or night, weekday or weekend
All loans are subject to credit approval and program eligibility. Click here for the Nationwide Mortgage Licensing System Associate List.
* Must be a first-time homebuyer (not owning a primary residence in the last three years), enrolled in WISH Homeownership Program (participation does not guarantee funding); funds are limited and must meet eligibility guidelines predetermined by program including at or below 80% of the HUD area median income at time of enrollment in Wish Program. Other terms and conditions apply.
1 Must be a first-time homebuyer (not owning a primary residence in the last three years), enrolled in WISH Homeownership Program (participation does not guarantee funding); funds are limited and must meet eligibility guidelines predetermined by program including at or below 80% of the HUD AMI area median income (based on current household location) and adjusted for household size at time of enrollment in Wish WISH Program. Valid only for primary residence in Arizona. Must contribute $1 for every $4 received, which may come from savings or gifted funds; For 2023, $12.5 Million in WISH Grant Funds are available on a First Come, First Served Basis. Enrollment in the WISH Program does not guarantee the homebuyer receipt of program funds. Available grant funds may be depleted/allocated at any time and until the SF FHLB specifically acknowledges that funds have been assigned to the recipient, there is no assurance that funds will be available. OneAZ Credit Union cannot guarantee the availability of WISH Program Grant Funds. Other terms and conditions apply.
2 Must be a first-time homebuyer (not owning a primary residence in the last three years), enrolled in a Homebuyer Counseling Program; funds are limited and must meet eligibility guidelines predetermined by program including homebuyer household to have earnings between 80.01% and 140% of HUD defined AMI (based on purchase property address) and adjusted for household size at time of enrollment in MDPA Program.; Valid only for primary residence in Arizona, California, or Nevada; Must make a minimum contribution of $10,000 from savings or gifted funds; Escrow must be opened on home purchase and closing scheduled within 60 days before OneAZ can request program funds; For 2023, $10 Million in MDPA Grant Funds are available on a First Come, First Served Basis. Enrollment in the WISH Program does not guarantee the homebuyer receipt of program funds. Available grant funds may be depleted/allocated at any time and until the SF FHLB specifically acknowledges that funds have been assigned to the recipient, there is no assurance that funds will be available. OneAZ Credit Union cannot guarantee the availability of MDPA Program Grant Funds. Other terms and conditions apply.
3 0% Down Payment is for purchase transactions only. Minimum FICO score and Maximum debt to income (DTI) ratios are applicable; strong financial profile and excellent credit are required on this program. Additional terms and conditions may be applicable, not all individuals will qualify. Inquire about other alternative financing options.
4 1% Down Payment is for purchase transactions only. Minimum FICO score and Maximum Debt to Income (DTI) ratios are applicable. Must meet all applicable ARCH AMGC AHP EqualAccess Homeownership Program Requirements regarding maximum income, Homeownership Restrictions and extra Homeownership Education. Additional terms and conditions may be applicable. Not all individuals will qualify.
5 Conditions apply. Rates and terms subject to change at any time. Discounted interest rate is available on purchase and refinance loans.
To qualify for .25% discount, you will need to agree to the following or have already established the following: Establish membership, Open a OneAZ checking account, Set up a monthly direct deposit of $1,000 or more and set up an auto pay for the new loan. The offer does not apply to FHA, VA or USDA mortgages.
6 24-Day Close Guarantee-Conditions apply. Terms and Conditions must be signed and acknowledged by both parties. For full details, refer to the Mortgage Closing Agreement.
