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Homebuyer Programs in Van Buren, AR (2026)

Last updated April 8, 2026 | Population: 24,138 | Median home price: $215,000 | Est. closing costs: $4,500 - $6,500

Skyline of Van Buren, AR

Van Buren is a historic city in Crawford County along the Arkansas River, just across from Fort Smith, with a median home price around $215,000. Buyers here benefit from the CSCDC American Dream Downpayment Initiative (ADDI), which provides up to $10,000 as a forgivable loan for first-time homebuyers in Crawford County. The ADFA Down Payment Assistance Program adds $1,000 to $15,000 toward down payment and closing costs, and the Arkansas Dream Down Payment Initiative (ADDI) offers up to 10% of the purchase price as a forgivable state loan, capped at $10,000. The Southern Bancorp Wealth Builders DPA Program also provides up to $12,000 in forgivable loans. By stacking local, state, and federal programs, Van Buren buyers can potentially access over $30,000 in combined assistance.

Top Homebuyer Programs in Van Buren

CSCDC American Dream Downpayment Initiative (ADDI)
Type:
Forgivable Loan
Amount:
Up to $10,000 (10% of purchase price, whichever is less)
First-time only:
Yes
FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No
Southern Bancorp Wealth Builders DPA Program
Type:
Forgivable Loan
Amount:
Up to $12,000
First-time only:
No
ADFA Down Payment Assistance Program
Type:
Repayable Loan
Amount:
$1,000 to $15,000 for down payment and closing costs
First-time only:
No
ADFA Move-Up Loan Program
Type:
Zero-Interest Loan
Amount:
Affordable 30-year fixed-rate mortgage with competitive interest rates
First-time only:
No
ADFA StartSmart First-Time Homebuyer Program
Type:
Zero-Interest Loan
Amount:
Below-market interest rate (approximately 1% below market rate) on a 30-year fixed mortgage
First-time only:
Yes
Arkansas Dream Down Payment Initiative (ADDI)
Type:
Forgivable Loan
Amount:
Up to 10% of the sale price, not to exceed $10,000
First-time only:
Yes

How to Apply

  1. Step 1:

    Check your eligibility. Review income limits for Crawford County under the CSCDC ADDI program and ADFA programs. You must be a low-income first-time homebuyer for the CSCDC program.

  2. Step 2:

    Complete homebuyer education. An 8-hour HUD-approved homebuyer counseling class is required. Contact the Crawford-Sebastian Community Development Council at (479) 785-2303 to enroll in their homebuyer education program.

  3. Step 3:

    Apply for the CSCDC ADDI program. Contact CSCDC at 1617 South Zero Street, Fort Smith, AR 72901. The program provides up to $10,000 as a forgivable loan with no interest and no monthly payments.

  4. Step 4:

    Get pre-approved through an ADFA-approved lender. ADFA maintains a network of participating lenders who can originate StartSmart and Move-Up loans with state down payment assistance.

  5. Step 5:

    Explore nonprofit options. Contact Southern Bancorp about the Wealth Builders DPA Program for up to $12,000 in forgivable loan assistance.

  6. Step 6:

    Find a home within program limits. Ensure the property is in Crawford County and meets any purchase price requirements for the programs you are applying for.

  7. Step 7:

    Submit your applications and close. Your lender will coordinate ADFA DPA with your mortgage, and CSCDC funds are disbursed at closing.

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