Open the door to your first home with down payment assistance!
Talk to a loan officerBuying a home can be stressful and confusing, especially when you’re doing it for the first time. Luckily, down payment assistance programs from the state can give you the boost you need, both in confidence and in your wallet! Check out some of the programs our team can help you take advantage of.
in total grants awarded to members since 2021
in grants from the WISH program since 2021
in grants from the MDPA program in 2025
The WISH program helps first-time homebuyers boost their down payment with a 4-to-1 match up to $32,099. That means you could get closer to your goal of owning a home if you haven’t owned a home in the last three years and meet the eligibility requirements. Funds are first-come, first-served and limited to $12 million, so see if you qualify today!
To be eligible for WISH Grant Program funding, you must:
With $10 million of funds available in 2025, the MDPA program is designed to get more individuals and families into more houses. If you haven’t owned a home in the last three years, you have a down payment of $10,000 or more and you meet eligibility requirements, you may be able to get up to $50,000 toward your down payment, closing costs and more.
To be eligible for MDPA Grant Program funding, you must:
Please note that all 2025 funds have been allocated for the MDPA Grant Program, but we’d still love to help you find a program that matches your goals and timeline!
If you think you qualify, fill out the form below, and one of our mortgage loan officers will be in touch with you shortly!
You can also learn about other programs that help first-time homebuyers based on location, occupation, veteran status and more.
Disclosures
1
The applicant must be a first-time homebuyer (as defined by the FHLB Affordable Housing Plan), enrolled in WISH Homeownership Program (participation does not guarantee funding) and have successfully completed a homebuyer counseling program. Funds are limited and must meet eligibility guidelines as predetermined by the program: including at or below 80% of the HUD Area Median Income [AMI] (based on current household location) and adjusted for household size at time of enrollment in WISH Program. Valid only for primary residence in Arizona. Must contribute to the home purchase through savings, gift funds or sweat equity to obtain the matching grant. Contribution may also include Individual Development Accounts (IDA) and Family Self Sufficiency (FSS) program savings. Applicants must open escrow on a home purchase transaction within one year of enrollment in the WISH Program.
For 2025, $12 Million in WISH Grant Funds are available on a First Come, First Served Basis. Enrollment in the WISH Program does not guarantee the homebuyer receipt of program funds. Available grant funds may be depleted/allocated at any time and until the SF FHLB specifically acknowledges that funds have been assigned to the recipient, there is no assurance that funds will be available. Desert Financial Credit Union cannot guarantee the availability of WISH Program Grant Funds. Other terms and conditions apply.
2
The applicant must be a first-time homebuyer (no ownership in a primary residence during the 3-year period ending on the date of purchase of the property), who has successfully completed an approved Homebuyer Counseling Program; funds are limited and must meet eligibility guidelines predetermined by program including homebuyer household to have earnings between 80.01% and 140% of HUD-defined AMI (based on purchase property address) and adjusted for household size at time of enrollment in MDPA Program. Valid only for primary residence in Arizona; Must make a minimum contribution of $10,000 from savings or gifted funds; Escrow must be opened on home purchase with closing scheduled within 30 days prior to Desert Financial Credit Union requesting program funds.
For 2025, $10 Million in MDPA Grant Funds are available and will be disbursed to financial institution members on a reimbursement basis. Once the program opens, member banks and credit unions may reserve funds and submit disbursement requests for households earning just over 80% up to 140% of AMI on a first-come, first-served basis until the $10 million program allocation is exhausted. Desert Financial Credit Union cannot guarantee the availability of MDPA Program Grant Funds. Other terms and conditions apply.
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