Arizona Mortgage Credit Certificate Program

Arizona Department of Housing

Available Down Payment

About This Program

Federal tax credit equal to 50% of mortgage interest paid annually, up to $2,000 per year. Can be claimed every year for the life of the mortgage. Increases purchasing power by reducing tax liability. Must meet income and purchase price limits.

Annual tax credit averages $1,500 per year

Key Details

  • 50% of mortgage interest as tax credit
  • Up to $2,000 annually for loan life
  • First-time homebuyer requirement
  • Income and price limits apply
  • Increases buying power significantly

How to Apply

Deadline: Available year-round

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