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Jonesboro Board of REALTORS Northeast Arkansas Board of Realtors
Jonesboro Board of REALTORS
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Home Loans & Assistance Programs

 

HomeToOwn (Mortgage Revenue Bond Program)

Low interest rate loans to low and moderate income first time homebuyers.
http://www.arkansas.gov/adfa/programs/mrbp.html

Down Payment Assistance Program

Provided to qualifying lower-income Arkansans.
http://www.arkansas.gov/adfa/programs/dpap.html

MCC Program Information

This is a tax credit that reduces the amount of federal income tax paid, giving more available income to qualify for a mortgage loan and assist with house payments.
http://www.arkansas.gov/adfa/Single%20Family%2009/MCC%20Program%20Info.htm

ADFA's Arkansas Dream Downpayment Initiative

Downpaymennt assistance for lower income Arkansans.
http://www.arkansas.gov/adfa/programs/American%20Dream%20Downpayment%20Initiative.html

HOME Program

Homeowners assisted with HOME funds must have incomes at or below 80% of the area median income adjusted for family size. The home must be the owner's principal residence and must be valued at or below 95% of the median area purchase price.
http://www.arkansas.gov/adfa/programs/hipp.html