Step Up (Alabama)
Alabama Housing Finance Authority (AHFA) · Alabama
| Assistance type | Repayable loan — Monthly payments |
|---|---|
| Amount | 4% of the sales price, up to $10,000 |
| Income limit | $172,800 or less, regardless of household size or location |
| Purchase price limit | Not verified on the official page — check the source |
| First-time buyer rule | Not verified on the official page — check the source |
| Status | Offered |
| Status note | Not verified on the official page — check the source |
| Details | Down payment funds are secured by a 10-year second mortgage paired with a 30-year fixed first mortgage. Minimum credit score 640; DTI 45% or lower; homebuyer education required. |
| Official source | https://www.ahfa.com/programs/homeownership/available-programs/step-up (opens in new tab) |
| Last checked | Oct 19, 2026 (automated fetch) |