Major funding opportunity available December 8th, 2025 through Home in 5 Platinum Program
The Industrial Development Authorities of the City of Phoenix and County of Maricopa have just announced exciting news for aspiring homeowners: beginning Monday, December 8th, 2025, an additional $5 million in Home in 5 Platinum funds will be released for non-targeted area reservations—all available at a competitive mortgage rate.
If you’ve been waiting for the right moment to make your homeownership dreams a reality, this is it—but you’ll need to act immediately.
Why the Urgency?
Down payment assistance funds like these have a track record of being reserved within hours—sometimes even minutes—of becoming available. The Home in 5 Platinum Program has helped thousands of Arizona families purchase homes, and experienced loan officers know that when new funding is released, qualified borrowers who hesitate often miss out entirely.
The $5 million being released on Monday represents a limited pool of resources that will be allocated on a first-come, first-served basis. Once these funds are reserved by other borrowers working with their lenders, they’re gone until the next allocation—which could be months away, if it happens at all.
It’s important to note that while targeted area funds remain open and available, this Monday release specifically opens opportunities for borrowers purchasing homes in non-targeted areas throughout Maricopa County—significantly expanding the pool of eligible properties and buyers.
What Does This Mean for You?
The Home in 5 Platinum Program provides eligible first-time homebuyers with up to 4% in down payment assistance for FHA and VA loans at an attractive mortgage rate. This assistance can amount to thousands of dollars that you don’t have to come up with out of pocket, making homeownership accessible to individuals and families who meet the program’s requirements.
For a $350,000 home, 4% down payment assistance equals $14,000—money that can make the difference between renting and owning. Combined with the competitive interest rate, this program offers a powerful pathway to homeownership.
Who is a Candidate?
The program is available throughout Maricopa County (excluding Paradise Valley) for first-time homebuyers who meet specific criteria:
- Must not have owned a home in the past three years (borrower and spouse, including non-purchasing spouse)
- Minimum credit score of 640
- Must complete required homebuyer education
- Income and purchase price limits apply
- Available for FHA and VA loans
Here’s what makes this announcement particularly significant: Monday’s release specifically opens $5 million in funds for non-targeted area borrowers. This means you’re no longer limited to purchasing in designated census tracts—you can buy throughout the greater Phoenix metro area and Maricopa County while still accessing this valuable down payment assistance.
The Cost of Waiting
Here’s what many potential homebuyers don’t realize: by the time you hear that down payment assistance is available and decide to “think about it” or “look into it next week,” the opportunity has likely already passed. These programs operate in real-time, with lenders reserving funds for their qualified clients as quickly as possible.
Previous funding releases have been exhausted in a matter of hours. The borrowers who successfully secure these funds are the ones who have already:
- Connected with an approved lender
- Completed their pre-qualification
- Gathered their financial documentation
- Finished their homebuyer education requirement
When the funds open on Monday morning, these prepared buyers will be first in line.
Take Action Now—Not Monday
If you’re reading this and thinking, “I’ll call a lender on Monday morning,” you’re already planning to be too late. The time to act is right now—today.
Contact an Efinity Mortgage loan officer immediately to:
- Get pre-qualified – Understand exactly what you can afford and ensure you meet program requirements
- Reserve your spot – Have your loan officer ready to submit your reservation the moment funds become available
- Complete education requirements – Don’t let missing paperwork be the reason you lose out
- Gather documentation – Have everything your lender needs to move quickly
Don’t Let This Opportunity Pass You By
Monday’s $5 million release represents a genuine chance for qualified Maricopa County homebuyers to overcome one of the biggest barriers to homeownership—the down payment. And with these funds now available for non-targeted areas throughout the county, your options have just expanded dramatically.
But opportunities like this require immediate action.
The difference between buyers who successfully secure down payment assistance and those who miss out often comes down to preparation and timing. By connecting with an Efinity Mortgage loan officer today, you give yourself the best possible chance of being among the fortunate borrowers who reserve these limited funds on Monday, December 8th, 2025.
