First-Time Home Buyer Guide for Arizona (2026)
Step-by-step process, down payment assistance programs, and what the NAR settlement means for buyers.
Buying your first home in Arizona? This guide walks you through the entire process, from getting pre-approved to closing day.
Step 1: Check Your Finances
Before you start looking at homes, understand what you can afford. Use our affordability calculator to get a realistic budget based on your income, debts, and down payment.
Step 2: Get Pre-Approved
A mortgage pre-approval letter shows sellers you're a serious buyer. Shop at least 3 lenders to compare rates and fees.
Step 3: Find Your Home
Work with a local agent who knows the East Valley. Focus on neighborhoods that match your budget, commute, and lifestyle needs.
Arizona Down Payment Assistance
Several programs can help first-time buyers in Arizona:
- Home Plus Program: up to 5% DPA as a forgivable loan
- Pathway to Purchase: up to 10% DPA for specific ZIP codes
- FHA loans: as low as 3.5% down payment
NAR Settlement Changes
Recent NAR policy changes mean buyer agent compensation is now negotiable. Your agent should explain your options before you sign a buyer-broker agreement.
Talk to a Local Agent
Get matched with an agent who knows your target area.