Arkansas First-Time Home Buyer Programs 2026
$15,000 DPA available through Arkansas Development Finance Authority (ADFA). ADFA Move!Up program pairs a 30-yr fixed with up to $15,000 in down payment assistance.
Max Assistance
$15,000 DPA
Type
0% deferred loan
Min Credit
640+
Max Home Price
$314,000
Ready to apply for Arkansas assistance?
Get pre-approved in minutes — your lender will connect you with ADFA programs automatically.
Arkansas First-Time Buyer Programs Comparison
| Program | Max Assistance | Type | Min Credit | Income Limit |
|---|---|---|---|---|
| ADFA Move!Up Program Best statewide program | $15,000 | 0% deferred loan | 640+ | $74K–$92.5K |
| ADFA MCC Stack with Move!Up | Up to $2K/yr | Tax credit | 640+ | Same |
Eligibility Requirements
- ✓First-time buyer or 3-year rule
- ✓640+ credit score
- ✓Household income within limits
- ✓Homebuyer education course required
- ✓Owner-occupied primary residence
Pro Tip
ADFA programs available statewide including Little Rock, Fort Smith, Fayetteville, Springdale.
How to Apply for Arkansas Programs
Get Pre-Approved
Work with a ADFA-approved lender. They handle the state program paperwork for you.
Complete Education
Take the required homebuyer education course (online, ~6 hours, ~$75). Required by most state programs.
Close & Get Funds
The 0% deferred loan is applied at closing — you don't pay extra at the table.
Official Agency
Arkansas Development Finance Authority
ADFA — Arkansas official housing finance authority
Frequently Asked Questions
What is the best first-time home buyer program in Arkansas?
The best program in Arkansas is the ADFA Move!Up Program, which offers $15,000 as a 0% deferred loan. Minimum credit score: 640. Income limit: $74K–$92.5K.
How much down payment assistance is available in Arkansas?
Arkansas offers up to $15,000 DPA through Arkansas Development Finance Authority (ADFA). The assistance is structured as a 0% deferred loan. Income limits are $74,000–$92,500 depending on household size and county.
What credit score do I need for Arkansas first-time buyer programs?
Most Arkansas programs through ADFA require a minimum credit score of 640. Some programs may accept lower scores with compensating factors. Check with an ADFA-approved lender for your exact score requirements.
What is the income limit for Arkansas first-time buyer programs in 2026?
In 2026, Arkansas income limits are $74,000–$92,500 depending on household size and county. The home price limit is $314,000. These limits are set by Arkansas Development Finance Authority.
Don't Leave $15,000 DPA on the Table
Pre-approval is free. Your lender will apply for ADFA programs automatically — no extra work for you.
Start My Free Pre-Approval →