What is Step Up?

Step Up is a homeownership program designed specifically for moderate-income home buyers who can afford a mortgage, but need help with the down payment. AHFA offers down payment assistance with no sales price limits and higher income limits than the First Step program. 

The down payment funds are secured by a 10-year second mortgage and are combined with a 30-year, fixed-rate first mortgage. Since the loans are serviced by AHFA, homeowners have only one check to write each month. Program participants must complete a homebuyer education course to qualify.

Participants may earn up to $97,300 and remain eligible for the Step Up program, regardless of household size or location.

What is Step Up?

Step Up is a homeownership program designed specifically for moderate-income home buyers who can afford a mortgage, but need help with the down payment. AHFA offers down payment assistance with no sales price limits and higher income limits than the First Step program. 

The down payment funds are secured by a 10-year second mortgage and are combined with a 30-year, fixed-rate first mortgage. Since the loans are serviced by AHFA, homeowners have only one check to write each month. Program participants must complete a homebuyer education course to qualify.

Participants may earn up to $97,300 and remain eligible for the Step Up program, regardless of household size or location.