- 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, VA, FHA or low down payment mortgage such as our Affordable Loan Solution® mortgage.
Available county/city
Maximum income limits:
All other areas in this county/city | Low-to moderate income areas |
---|---|
Apache County | |
$40,771 | $76,446 |
Cochise County | |
$51,302 | $96,192 |
Coconino County | |
$59,486 | $111,536 |
Maricopa County | |
$63,144 | $118,395 |
Mohave County | |
$45,646 | $85,587 |
Pima County | |
$55,573 | $104,199 |
Pinal County | |
$63,144 | $118,395 |
Yavapai County | |
$53,599 | $100,499 |