AHFA Step Up Homeownership Program

About This Program

AHFA's Step Up program provides below-market 30-year fixed mortgage rates and down payment assistance to moderate-income homebuyers who can afford a mortgage but need help with upfront costs. The companion HFA Advantage product adds closing cost grant assistance. More than 75,000 Alabama families have used AHFA programs since 1980.

Down payment assistance and closing cost grant reduce upfront cash needed.

Key Details

• Below-market 30-year fixed interest rate
• Down payment assistance for moderate-income buyers
• HFA Advantage product adds closing cost grant
• Apply through an AHFA-approved participating lender
• Must meet AHFA income and purchase price limits

How to Apply

Deadline: No deadline; apply through AHFA-approved lender