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  • Arkansas Development Finance Authority Hometoown Program ... - State Ar

Get Arkansas Development Finance Authority Hometoown Program ... - State Ar

-1A. About the Program Guide .......................................................................................................-1B. The Arkansas Development Finance Authority ......................................................................-1C. The HomeToOwn Program.....................................................................................................-2D. Revenue Bonds .

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How to fill out the Arkansas Development Finance Authority HomeToOwn Program online

This guide provides clear and concise instructions for users on how to fill out the Arkansas Development Finance Authority's HomeToOwn Program form online. By following each step, users can ensure a thorough understanding of the requirements and streamline their application process.

Follow the steps to complete your application successfully.

  1. Press the ‘Get Form’ button to access the form and open it in an editing interface.
  2. Begin filling out the applicant information section. Include your personal details such as full name, current address, and contact information. Ensure all information is accurate to avoid delays.
  3. Carefully complete the financial information section, which requires details about your income, employment history, and any other financial obligations. Make sure to include all sources of income as this impacts your eligibility.
  4. Review the mortgage details and provide the necessary information about the property you intend to purchase, including its address and sales price.
  5. Attach any required documents, such as proof of income, tax returns, and other relevant financial documentation. Confirm that all attachments are labeled correctly.
  6. Check the accuracy of all fields, ensuring that your entries match the supporting documents. Verify that your personal information, financial details, and property data are consistent.
  7. Once you have completed the form, save your changes, and download a copy for your records. You may also print the form if needed.
  8. Share or submit the form as required by the application process, confirming any deadlines or additional requirements outlined.

Begin your application process today by completing the form online.

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First-Time Homebuyer Assistance Programs in Arkansas Key requirements include a maximum annual household income of $137,000, a minimum credit score of 640, and a maximum debt-to-income ratio of 45%. Homebuyers must also complete a homebuyer education course??.

HAF offers Mortgage Assistance, which provides funds to eliminate or reduce past due payments and pay up to six (6) monthly mortgage payments, or Principal Assistance to help homeowner achieve an affordable payment, and Utility/Internet/Broadband Payment Assistance, which provides funds to resolve delinquent payments ...

Arkansas Dream Down Payment Initiative (ADDI) You can borrow up to 10% of the home's purchase price, capped at $10,000. However, unlike with the DPA program, you shouldn't usually have to repay that loan. It comes as a “silent” second mortgage, which means you don't make monthly payments and the interest rate is 0%.

The Welcome Home program (WHP) offers grants of up to $25,000 for honorably discharged veterans, surviving spouses of military personnel, and active duty military homebuyers and up to $20,000 for all other homebuyers to assist with down payment and closing costs for income-eligible homebuyers.

Applicants who are eligible will meet the following criteria: Household income is equal to or less than 150% area median income (AMI), which varies by locality. Note: PAHAF Program priority will be given to households at or below 100% AMI.

Eligible homeowners are encouraged to apply through the online portal at: apply.arkansashaf.com or contact our call center at 888.698. 0964.

Applicants must be behind on mortgage and/or other eligible housing related expenses and/or have a forbearance balance or escrow shortage. Mortgage and/or other housing costs must not have been 30 or more days delinquent prior to January 21, 2020. Unpaid mortgage balance must not exceed program limits for property type.

The Arkansas Homeowner Assistance Fund (HAF) is a federally funded program helping Arkansas residents who are behind on their mortgages, electricity, gas and/or internet payments.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232