- 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 | |
$50,480 | $94,650 |
Cochise County | |
$62,400 | $117,000 |
Coconino County | |
$84,080 | $157,650 |
Maricopa County | |
$79,200 | $148,500 |
Mohave County | |
$52,560 | $98,550 |
Pima County | |
$68,800 | $129,000 |
Pinal County | |
$79,200 | $148,500 |
Yavapai County | |
$61,360 | $115,050 |