HOMEBUYERS
Since 1980, AHFA’s versatile, affordable programs have helped more than 90,000 families purchase a home. We offer options that fit the needs of many buyers.
Available Programs
The Alabama Housing Finance Authority (AHFA) offers several programs to help homebuyers, including the First Step program, the Step Up program, and the Affordable Income Subsidy Grant. These programs aim to make homeownership more accessible and affordable for Alabama residents.
Am I Eligible?
To be eligible for AHFA programs, you must meet specific criteria for each program. These requirements ensure that each homebuyer is fully prepared and qualified to purchase a home.
How Do I Apply?
AHFA does not offer mortgage loans directly to homebuyers. We work with a select network of lenders across Alabama who will help you learn more about our programs. They’ll also walk you through every step of the home-buying loan qualification process.
Homebuyer Resources
Buying a home is likely one of the most significant purchases you will ever make. AHFA wants to help make this process as simple as possible, and we hope the information and resources on this page will help you be a more informed, confident homebuyer.
Pay Your Mortgage
If you have purchased a loan utilizing AHFA programs, your loan will be serviced by a
division of AHFA, ServiSolutions.
LENDERS
AHFA mortgage programs provide lenders with innovative financial solutions for potential low- to moderate-income homebuyers, offering low interest rates and down payment assistance.
Today's Rates:
First Step
(FHA/VA/USDA)
First Step
(CONV)
Step Up
(FHA/VA/USDA)
Step Up
(CONV)
Loan Delivery Turn Times
Documents must be received by 5 p.m. CT. All conditions should be uploaded into the loan file on Lender Online. To maintain the lowest possible turn time from submission to purchase, please submit all purchase suspense conditions at one time.
Closed Loans Submitted for Purchase: 3-4 business days
Pended for Purchase Loan Conditions: 3-4 business days
NEED HELP?
For on site or virtual program training:
For general program inquiries or compliance assistance:
Quick Access
First Step Shortcuts
Available Programs
AHFA mortgage programs provide lenders with innovative financial solutions for potential low- to moderate-income homebuyers. We offer low interest rates and down payment assistance. Qualifying is much easier than you may think given AHFA’s generous income and sales price limits.
Leading Lenders + Spotlights
Each quarter, AHFA honors outstanding professionals who help make homeownership possible across Alabama. From top-performing loan officers who close the most deals using our programs to realtors making meaningful impacts in their communities, these spotlights showcase the dedication and success of those who support our mission. We’re proud to recognize their contributions and grateful for their continued partnership.
Training Resources
Lender training includes information about our various financing options as well as AHFA policies, procedures, eligibility requirements, documentation and more. Below is information about onsite, in-person training, as well as presentations and videos of training sessions that you can view at any time.
Habitat For Humanity
The AHFA-Habitat for Humanity Loan Purchase Program is a statewide collaboration between the Alabama Housing Finance Authority (AHFA) and local Habitat for Humanity affiliates.
This program allows AHFA to purchase mortgage loans from Alabama's Habitat affiliates which provides the affiliates with a lump sum amount that can be used to build additional housing for eligible homebuyers.
.jpg)
Become an AHFA Lender
AHFA works with lenders throughout the state to provide more opportunities for low- to moderate-income homebuyers. AHFA programs give lenders several incentives to offer potential borrowers.
Join Our Mailing List
Members of the mortgage lending industry and their staff may register here to receive notice of interest rate changes, program updates, training opportunities, special events, and our monthly newsletter.