This is not an offer for extension of credit nor a commitment to lend.  Programs, rates, terms, and conditions subject to change without notice.  All approvals subject to underwriting guidelines.  Not all products are available in all states. Certain restrictions may apply.  Not endorsed or sponsored by the Arizona Department of Housing, the Maricopa County or Phoenix Industrial Development Authorities, or any state or federal government agency. By submitting your information, you consent to being contacted by NEXA Mortgage, LLC.  Corporate NMLS 1660690 AZMB#0944059



is making home ownership a realty for many who believe is it out of reach. The experienced team at Nexa Mortgage will ensure your loan closes in a timely and professional manner. Nexa offers a variety of products including Government Loans (FHA/VA/USDA Loans), Conventional Loans (Fannie Mae and Freddie Mac), Jumbo Loans, Home Affordable Refinance Loans, and Down Payment Assistance Programs. Allow us the opportunity to earn your business and we are confident you will become a client for life!

Home Plus


The social and economic benefits of home ownership are many.  A home creates an asset that provides the ability to create wealth, borrow and achieve self-reliance.  Plus, renters may actually realize monthly savings on buying vs. renting.  Yet with increasing rents, stagnant wages and high levels of student loan debt, it can be VERY difficult for first-time or boomerang homebuyers to save enough money for a down payment. 

The very popular HOME Plus Home Loan Program seeks to eliminate this hurdle, offering a pathway to homeownership by giving creditworthy renters who can qualify for a mortgage, but cannot afford the down payment and or closing costs, the funds to move forward.

Administered by the Arizona Industrial Development Authority, the HOME Plus Home Loan Program provides a 30-year fixed-rate first mortgage with down payment assistance (DPA) grant ranging from 0% - 5% depending upon the new underlying mortgage. The DPA is equal to a percentage of the initial principal balance of the mortgage loan. DPA is equal to a percentage of the initial principal balance of the mortgage loan. DPA is only available in conjunction with a HOME Plus mortgage.

Program Highlights:

  • Mortgage for the purchase of an owner occupied, Primary Residences in Arizona.
  • Borrower(s) annual income not to exceed $99,170.
  • Purchase price limit not to exceed $396,680.
  • One borrower must complete a homebuyer education course before closing.
  • Reduced mortgage insurance premiums on conventional (Fannie/Freddie) mortgages.
  • All borrowers on the mortgage must meet the minimum applicable credit scores as well as the new underlying first mortgage agency/GSE guide

Home In 5

The Home in Five Advantage program helps low to moderate income individuals and families buy a home in Maricopa County. Homebuyers receive up to 3 percent assistance for down payment and closing costs, plus a loan with a competitive interest rate.
For more than five years, Maricopa County and Phoenix Industrial Development Authorities have provided down payment assistance through the Home in Five Advantage program and helped approximately 17,000 home buyers achieve the American dream of home ownership.


  • Minimum FICO credit score of 640
  • Annual income up to $92,980
  • Debt to Income ratio up to 45%
  • Occupy the home as principal residence within 60 days of closing
  • Complete Homebuyer education


  • Located in Maricopa County
  • Priced at $371,930 or below
  • A new purchase (no refinancing)
  • New or existing houses, condominiums, or townhouses

Required Homebuyer Education

Complete an 8-hour homebuyer education course through an Arizona-based HUD Approved Housing Counseling Agency, including limited online courses.

Homebuyers must obtain a certificate of completion and present it to their lender.

Contact Us

Better yet, see us in person!

Hud Rhodes | Branch Manager

NMLS ID: 1744982 |   AZMB#0944059

NEXA Mortgage, LLC

2450 South Gilbert Road, Suiye 210, Chandler, Arizona 85286, United States


Send Me A Direct Message