Arkansas First-Time Homebuyer Mortgage Credit Certificate

Arkansas Development Finance Authority

Available Down Payment

About This Program

Federal tax credit for first-time homebuyers in Arkansas equal to 20% of annual mortgage interest paid, up to $2,000 per year. Certificate is valid for the life of the loan. Must meet income and purchase price limits.

Annual tax credit equals 20% of mortgage interest paid, maximum $2,000

Data last verified 2026-06-09. How we verify our data.

Key Details

  • 20% of annual mortgage interest as tax credit
  • Up to $2,000 per year
  • Valid for life of the mortgage
  • First-time homebuyer requirement
  • Income and purchase price limits apply

How to Apply

A grant-savvy contractor in Gurdon, AR can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing program, apply through participating lenders

Questions about this program?

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Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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