Arizona FHA Loans 2026
The Grand Canyon State offers incredible value for first-time buyers with FHA financing. Combined with Arizona's low property taxes and HOME Plus assistance, you can achieve homeownership with minimal out-of-pocket costs.
Arizona's Low Property Tax Advantage
Arizona property taxes average just 0.6-0.7% of assessed value—among the lowest in the nation. On a $400,000 home, you'll pay ~$2,400/year in taxes versus $8,000+ in high-tax states. This keeps your FHA payment significantly lower.
2026 Arizona FHA Loan Limits by County
Arizona FHA limits are relatively uniform across the state, with Maricopa County slightly higher due to Phoenix metro prices.
| County / Metro Area | 2026 FHA Limit | Classification |
|---|---|---|
Maricopa (Phoenix) | $557,750 | High-Cost |
Pima (Tucson) | $541,287 | Standard |
Pinal | $557,750 | High-Cost |
Yavapai (Prescott) | $541,287 | Standard |
Yuma | $541,287 | Standard |
Coconino (Flagstaff) | $609,500 | High-Cost |
Mohave | $541,287 | Standard |
Cochise | $541,287 | Standard |
Verified as of July 2026 (FHFA/HUD)
Arizona FHA Down Payment Assistance
Arizona's DPA programs are among the best in the nation—forgivable grants with no repayment required.
HOME Plus Program
Up to 5% of loan amount as a forgivable grant. Forgiven after just 3 years of ownership!
- No first-time buyer requirement
- Works with FHA, VA, Conventional
- 640+ credit score required
Home in Five Advantage (Maricopa County)
Up to 6% of loan amount for down payment and closing costs in the Phoenix metro area.
- Forgivable after 3 years
- Income limits vary by area
Pathway to Purchase (Tucson)
Up to $10,000 in forgivable down payment assistance for Pima County buyers.
What is Mortgage Insurance on Arizona FHA Loans?
FHA mortgage insurance (MIP) protects lenders and enables low down payments. Here's what to expect:
Upfront MIP: 1.75%
Can be financed into your loan amount
Annual MIP: 0.55%
Paid monthly as part of your mortgage payment
Arizona Advantage
Low property taxes offset MIP costs, making your total payment competitive
Calculate Your Arizona FHA Payment
See how Arizona's low property taxes keep your FHA payment affordable.
Reviewed by Emmett Clark
NMLS #233747 • 20+ Years Experience • Arizona FHA Specialist
"Arizona's HOME Plus program is one of the best-kept secrets in mortgage lending. A 5% forgivable grant that disappears after 3 years? Combined with low property taxes, I've seen Arizona FHA payments come in lower than rent for comparable properties. It's an incredible opportunity for first-time buyers."
Arizona FHA Loan FAQs
What is the FHA loan limit in Arizona for 2026?
Arizona FHA loan limits for 2026 range from $557,750 in most counties to $609,500 in Coconino County (Flagstaff). Maricopa and Pinal counties (Phoenix metro) are $557,750.
What is Arizona HOME Plus assistance?
HOME Plus is Arizona's premier down payment assistance program offering up to 5% of the loan amount as a forgivable grant after 3 years. It works with FHA, VA, and conventional loans and has no first-time buyer requirement.
What credit score do I need for an FHA loan in Arizona?
Arizona FHA loans require minimum 580 credit for 3.5% down, or 500-579 for 10% down. Most Arizona lenders prefer 620+ for easier approval and access to HOME Plus assistance.
How much are Arizona property taxes?
Arizona has some of the lowest property taxes in the nation at 0.6-0.7% of assessed value. This keeps your FHA payment more affordable compared to high-tax states.
Can I combine FHA with Arizona DPA programs?
Yes! Arizona offers several FHA-compatible programs including HOME Plus (up to 5% forgivable), Home in Five (up to 6% in Maricopa), and various city-specific programs in Phoenix, Tucson, and Mesa.
Explore Other Arizona Loan Options
Get Your FHA Loan Quote
Connect with Emmett directly. Quick response, personalized guidance for your Arizona home purchase.
Why Contact Emmett?
- ✓ Local Arizona market expertise
- ✓ Access to 240+ wholesale lenders
- ✓ Same-day pre-qualification available
- ✓ No obligation, free consultation
From the blog & learning center
FHA Loan Guides & Articles
Gift Funds: The Rules for Down Payment Gifts
A family member can give you money for your down payment, and on most loan types the entire down payment can be a gift. The key rules: it has to be a true gift with no repayment expected, it must come from an acceptable source, and it has to be documented with a gift letter and a clear paper trail.
Read moreSeller Concessions: How Much Can the Seller Pay?
A seller concession is when the seller agrees to pay part of your closing costs as a term of the sale. It's a legitimate, common way to reduce your cash to close, and depending on the loan type and your down payment, a seller can contribute anywhere from 2% to 9% of the purchase price toward your costs.
Read moreWhat Credit Score Do You Need for Each Loan Type?
The minimum credit score depends entirely on the loan program: FHA goes as low as 500-580, VA and USDA have no federal minimum (lenders typically want 580-640), conventional generally starts around 620, and jumbo loans want 700 or higher. Here's the breakdown by program.
Read more
How to Buy a House With Bad Credit
You can buy a house with bad credit, it just takes the right loan program and some strategy. FHA loans accept scores as low as 500, and there are concrete steps to strengthen your application even when your credit isn't where you'd like it.
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FHA Loans Plus a Down Payment Grant: How Little You Can Actually Bring to Closing
Combining an FHA loan with a down payment assistance grant can reduce what you bring to closing to as little as 0% to 1% of the purchase price, nationwide, not just in select states.
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Can I buy a house after a recent late payment, collection, or charge-off?
Yes, you can often buy a home soon after a late payment, a collection, or a charge-off, as long as the rest of your file is strong and you can explain the event, because none of these carry a fixed waiting period the way a bankruptcy or foreclosure does.
Read more