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 | 6.375% | Find a Lender |
| ADFA Move-Up Program: Conventional Loan Rate Below 80% AMI Learn More | 30-Year HFA | 6.625% | Find a Lender |
| ADFA Move Up Program: Conventional Loan Rate Above 80% AMI Learn More | 30-Year HFA | 6.75% | 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
Arkansas Development Finance Authority Announces 2025 Affordable Housing Tax Credit Developments
“These federal tax credit awards will produce vital affordable housing needed for hard working families...
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...