The Home Plus Program provides a competitive 30 year fixed rate mortgage with a down payment assistance grant up to 3% of the loan amount on a home purchased in Arizona (except Maricopa and Pima counties). Income limitations are county specific and debt-to-income ratio limitations apply. You do not need to be a First-Time Home Buyer, however you must meet minimum FICO score requirements and FHA guidelines. This program can be used with the Mortgage Credit Certificate (MCC) Program, which offers a federal income tax credit of up to $2000 to qualified borrowers. Each county has different purchase price limitations and refinancing is not permitted. Maximum loan amount not to exceed $396,680.