Who qualifies for ADFA Down Payment Assistance Loan?
Available with an ADFA StartSmart or ADFA Move-Up first mortgage. The assistance is a second mortgage with a 10-year term.
| Detail | Program terms |
|---|---|
| Assistance | $1,000 to $15,000 |
| Type | Repayable second mortgage |
| Minimum credit | Not published on the program page |
| First-time buyer | See official page |
| Income limits | See official page |
How does ADFA Down Payment Assistance Loan work with an FHA loan?
Arkansas's 2026 FHA one-unit limits start at $541,287, which supports a price of about $560,000 with 3.5% down. On a $250,000 home, the minimum FHA down payment is $8,750 — assistance of up to $15,000 could cover it and part of closing costs, subject to program rules.
Where do I confirm current terms?
On the official page: https://adfa.arkansas.gov/programs/homeloans/down-payment-assistance-program/. Programs can pause when funds run out, so confirm availability with a participating lender.
“The DPA ranges from $1,000 to $15,000 for down payment and closing cost assistance.” — Arkansas Development Finance Authority
Frequently asked questions
Sources
- Arkansas Development Finance Authority — ADFA Down Payment Assistance Loan (official page, verified October 23, 2026)
- HUD — 2026 FHA limits
Data last updated October 23, 2026.
Find a lender that offers ADFA Down Payment Assistance Loan
Answer a few quick questions and get matched with purchase mortgage lenders in your area. Free, and it won't affect your credit score.
Get My MatchesFigures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.