AHFA Down Payment Assistance

Arkansas Housing Finance Authority

Available Down Payment

About This Program

AHFA Down Payment Assistance is available to homeowners in Marion, AR.

Provides down payment and closing cost assistance for first-time homebuyers purchasing in Arkansas. Assistance is provided as a second mortgage with 0% interest, forgiven after 10 years of occupancy.

Second mortgage covers down payment and closing costs, forgiven after 10 years

Official source site checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Marion, AR, you can combine this program with other local help to cut your cost:

Key Details

  • Forgivable second mortgage for down payment and closing costs
  • Must be first-time homebuyer (3-year lookback)
  • Income limits typically 80-115% AMI depending on county
  • Forgiven after 10 years of continuous occupancy
  • Must complete homebuyer education course

How to Apply

A grant-savvy contractor in Marion, AR can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing, subject to funding availability

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can AHFA Down Payment Assistance provide in Marion, AR?

Up to $15,000 or 3.5% of loan.

Who qualifies for AHFA Down Payment Assistance in Marion?

AHFA Down Payment Assistance is open to homeowners in Marion, AR.

How do I apply for AHFA Down Payment Assistance in Marion, AR?

Apply directly with Arkansas Housing Finance Authority using the official program link on this page or call (501) 682-5900. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Marion, AR

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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