- The owner must occupy the home as a primary residence.
- The lender credit cannot be applied toward down payment, prepaid items or recurring costs, such as property taxes and insurance, and the borrower cannot receive cash back.
- The home loan must fund with Bank of America on a conventional, VAadatext, FHAadatext or low down payment mortgage such as our Affordable Loan Solution® mortgageadatext.
Available county/city
Maximum income limits:
All other areas in this county/city | Low-to moderate income areas |
---|---|
Apache County | |
$56,000 | $105,000 |
Cochise County | |
$56,960 | $106,800 |
Coconino County | |
$81,520 | $152,850 |
Maricopa County | |
$87,680 | $164,400 |
Mohave County | |
$59,040 | $110,700 |
Pima County | |
$76,880 | $144,150 |
Pinal County | |
$87,680 | $164,400 |
Yavapai County | |
$69,840 | $130,950 |