- 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 | |
$44,320 | $83,100 |
Cochise County | |
$51,600 | $96,750 |
Coconino County | |
$68,160 | $127,800 |
Maricopa County | |
$71,040 | $133,200 |
Mohave County | |
$50,480 | $94,650 |
Pima County | |
$64,880 | $121,650 |
Pinal County | |
$71,040 | $133,200 |
Yavapai County | |
$60,960 | $114,300 |