ADFA Move-Up Loan Program
Funding status: Active
How much assistance
Affordable 30-year fixed-rate mortgage with competitive interest rates (Zero-Interest Loan)
Eligibility
- Income limits: Qualifying income cannot exceed $142,000
- First-time buyer required: No
- Credit score minimum: 640
- Geographic restrictions: Statewide. Property must be primary residence in Arkansas.
- Homebuyer education required: No
How to Apply for ADFA Move-Up Loan Program
Step 1: Contact an ADFA-approved lender to apply. The lender will verify income, credit score, and occupancy requirements. No first-time homebuyer requirement.
Notes
This is an affordable first mortgage product for repeat buyers. No first-time buyer requirement. Maximum purchase price is the Arkansas conventional conforming loan limit. Categorized as Zero-Interest Loan due to database constraints; actual product is a competitive-rate first mortgage.