ADFA Move-Up Loans in Des Arc, Arkansas — Arkansas Down-Payment Assistance
What is the ADFA Move-Up program in Des Arc, Arkansas?
ADFA Move-Up in Des Arc, Arkansas: Arkansas Development Finance Authority down-payment assistance — $15,000 grant or $12,500 second mortgage stackable with FHA, VA, USDA, or Conventional financing.
ADFA Move-Up eligibility in Des Arc, Arkansas
The Arkansas Development Finance Authority (ADFA) Move-Up program provides down-payment and closing-cost assistance to qualifying Arkansas buyers — including Des Arc residents in Prairie County. The program stacks on top of a first mortgage (FHA, VA, USDA, or conventional) and offers two options: a $15,000 grant (forgivable after a holding period) or a $12,500 second mortgage at 0% interest.
How Des Arc buyers use ADFA Move-Up
Des Arc buyers who use ADFA generally have credit between 640-720, household income within ADFA county limits, and either limited cash for down payment or a desire to preserve cash reserves. Des Arc (population ~1,700) and the surrounding Prairie County area qualify for ADFA. The program is most commonly stacked with FHA (for the down-payment savings) or with USDA (for buyers who want the rural-development zero-down PLUS closing cost help).
ADFA income limits in Prairie County
ADFA income limits for the Move-Up program are tied to Prairie County area median income (AMI). The thresholds vary by household size and are typically set at 80% of AMI for the standard track and higher for first-time buyers. We pull the live ADFA county income limit for Prairie before confirming eligibility — the limit is updated annually.
Talk to a licensed Arkansas originator
The right ADFA Move-Up loan structure for your Des Arc purchase depends on your credit, income, down payment, and the specific property — variables that can’t be answered by a calculator. We’re a licensed Arkansas originator working through Primary Residential Mortgage, Inc.: tell us your scenario and we will come back with a structured plan.
Begin a conversation · All Des Arc mortgage programs · Prairie County data · FHA as an alternative
EQUAL HOUSINGOPPORTUNITY
PRMI NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms and conditions are subject to change and are subject to borrower(s) qualification. This is not a commitment to lend. The content in this website has not been approved, reviewed, sponsored or endorsed by any department or government agency.