New Option Available for Buyers Combining Step Up with Conventional Financing | Alabama Housing Finance Authority

ByGuest Developer

January 28, 2021

There’s a new financing option for homebuyers looking for conventional financing in combination with AHFA’s Step Up program.

Effective February 1, 2021, homebuyers earning above 80% of the Area Media Income but not exceeding the $130,600 maximum qualifying income are now eligible for the conventional Step Up program!

Homebuyers must have a credit score of 680 or higher for this program. All other Step Up eligibility requirements remain the same.

This change will allow our Step Up program to help make buying a home more affordable for even more Alabamians! Contact us at to find out more and for help finding a participating lender in your area.

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