Down payment assistance for conventional loans in Alaska
13 down payment assistance programs in Alaska name conventional loans among the loan types they can be paired with.
The loan type is one eligibility rule among several — income limits, purchase price caps and occupancy requirements still apply to each program below.
The programs
- Manufactured Home LoanAlaska Housing Finance Corporation (AHFC) · Statewide
- Native American Homeownership Initiative (NAHI) GrantAnchorage
- Home Opportunity Program (HOP)
- Closing Cost Assistance Program (Baranof Island Housing Authority)Baranof Island Housing Authority (BIHA) · Sitka
- Home$tart Grant (Cook Inlet Lending Center)Anchorage
- HYFC Mortgage Loan (Haa Yakaawu Financial Corporation)Haa Yakaawu Financial Corporation (HYFC), a Native CDFI affiliated with Tlingit-Haida Regional Housing Authority · Juneau
- Tribal Equity Advantage Mortgage (TEAM)Interior Regional Housing Authority (IRHA) · Fairbanks
- NeighborhoodLIFT Down Payment Assistance (NeighborWorks Alaska)NeighborWorks Alaska HomeOwnership Center (with Wells Fargo and NeighborWorks America) · Statewide
- Veterans Mortgage Program (Veterans Tax-Exempt)Alaska Housing Finance Corporation (AHFC) · Statewide
- Rural Owner-Occupied Loan Program (ROOL)Alaska Housing Finance Corporation (AHFC) · Statewide
- First Home Limited (Tax-Exempt Program / TEP)Alaska Housing Finance Corporation (AHFC) · Statewide
- Affordable Housing Enhanced Loan Program (AHELP)Statewide
- Energy Efficiency Interest Rate Reduction (EEIRR)Alaska Housing Finance Corporation (AHFC) · Statewide
Questions, answered
Can down payment assistance be used with conventional loans in Alaska?
13 down payment assistance programs in Alaska name conventional loans among the loan types they can be paired with. The assistance program and the first-mortgage lender underwrite separately, so a lender must also be willing to accept the assistance as a source of funds.
Does naming conventional loans mean a program is available to everyone using one?
No. The loan type is one eligibility rule among several — income limits, purchase price caps, credit requirements and occupancy rules all still apply, and each program sets its own.
Is Hey Prescott a lender?
No. Hey Prescott is an educational directory of down payment assistance programs. We list programs and link to official sources; we do not make loans or give individualized lending advice.
How conventional loans work with down payment assistance, nationally →
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