AHFC First-Time Homebuyer Loan
AK Housing Authority
Program Overview
Alaska Housing Finance Corporation offers below-market interest rate mortgages to first-time homebuyers, helping make homeownership more affordable in Alaska's expensive housing market.
Eligibility Requirements
First-time homebuyer (or not owned in 3 years) Must occupy as primary residence in Alaska Meet income limits (varies by area, typically 115-140% AMI) Complete homebuyer education course Property price limits apply
Additional Requirements
First-time homebuyer (or not owned in 3 years) Must occupy as primary residence in Alaska Meet income limits (varies by area, typically 115-140% AMI) Complete homebuyer education course Property price limits apply
How to Apply
Work with an AHFC-approved lender. Complete homebuyer education, submit income documentation, and apply through the lender. AHFC periodically opens and closes the program based on funding availability.