Explore ADFA Programs
Participating lenders originate, process and close all ADFA homebuyer loans. Most lenders will prequalify a potential homebuyer before they purchase a home. Get in touch with an ADFA approved lender who will match you with the program that best meets your needs.
StartSmart First-Time Homebuyer Program
The StartSmart Mortgage Loan Program offers a below market interest rate mortgage to: (1) qualified low-to-moderate income first time homebuyers, (2) individuals purchasing...
Move-Up Loan Program
The "ADFA Move-Up" Loan Program offers homebuyers an affordable mortgage. And when using an “ADFA Move-Up” loan, borrowers may be eligible to combine it with other ADFA...
Down Payment Assistance Program
The ADFA Down Payment Assistance Program (DPA) can provide up to $15,000 for down payment and closing cost assistance. ADFA's Down Payment Assistance (DPA) Loan...
Current Loan Rates
| Loan Programs | Loan Term | Loan Rates | |
|---|---|---|---|
| ADFA StartSmart Program: Government Mortgage Loan Learn More | 30-Year Fixed Rate | 5.75% | Find A Lender |
| ADFA StartSmart Program: Freddie Mac Below 80% AMI Learn More | 30-Year Conventional Rate | 6.125% | Find a Lender |
| ADFA Move-Up Program: Government Mortgage Loan Lean More | 30-Year Fixed Rate | 6.75% | Find a Lender |
| ADFA Move-Up Program: Conventional Loan Rate Below 80% AMI Learn More | 30-Year HFA | 6.875% | Find a Lender |
| ADFA Move Up Program: Conventional Loan Rate Above 80% AMI Learn More | 30-Year HFA | 7.00% | Find a Lender |
We would not have been able to get the mortgage without down payment assistance. I know the StartSmart program is going to help us keep our monthly payment down and our overall cost.
Abraham S. StartSmart First-Time Homebuyer
Latest News
Notice of Availability of Emergency Solutions Grant Funding
Arkansas Development Finance Agency, (ADFA)PO Box 8023Little Rock, AR 72203-8023 Contact Person: Pagan Williams, Project...
Notice of Finding of No Significant Impact & Notice of Intent to Request Release of Funds – Walnut Commons
These notices shall satisfy two separate but related procedural requirements for activities to be undertaken...
DRAFT – Affordable Housing Compliance Manual – 2025
ADFA Compliance Department under the guidance of US Housing Consultants has drafted a New Affordable...