VVCLT Homeowner Eligibility

The VVCLT serves households with incomes at or below 150% of the Yavapai County Area Median Income (AMI), updated annually by the U.S. Department of Housing and Urban Development (HUD). (See attached 2025 AMI chart.)

To qualify, applicants must also:

  • Complete a HUD-approved homebuyer education course and participate in pre-purchase counseling.
  • Be a first-time homebuyer, as defined by HUD (exceptions apply for single parents or displaced homemakers).
  • Own and occupy the property as the primary residence.
  • Qualify for a fixed-rate, fully amortizing mortgage (maximum 30 years) that meets underwriting requirements.
  • Contribute at least $2,500 toward down payment and closing costs.
  • Meet local employment and residency requirements.
  • Be at least 18 years old and a U.S. citizen or legal resident.

All eligibility criteria apply at the time of closing; there is no penalty if household income or size changes afterward.

Applying to the VVCLT Program

If you think you qualify, complete the VVCLT Intake Application and submit it electronically or by mail.

To apply:

  1. Click the link below to download the application.
  2. Save it to your desktop and open the file.
  3. Complete all required fields and attach any requested documents.
  4. Save your completed application.
  5. Submit by email to administration@vvcdo.com or mail to:
    Verde Valley Community Development Organization
    P.O. Box 157, Cottonwood, AZ 86326

We’ll review your application and contact you to schedule a meeting with a VVCLT Housing Counselor.

Intake Application (click to download)
A $60 application processing fee is due on or before your first meeting. We’ll notify you when payment is required.
Pay Application Fee – click here

Online Homebuyer Education

Are you ready to buy your first home but don’t know where to start? The Online Homebuyer Education Course was designed for you! For just $99 (for up to two applicants), this convenient, self-paced course is available 24/7 in both English and Spanish. Learn from anywhere using your computer, phone, or tablet. You’ll gain the knowledge and confidence to make smart homebuying decisions—and upon completion, you’ll receive a Certificate of Completion to share with your lender or assistance program.

You’ll learn:

  • Buy vs. rent—what’s right for you
  • How credit scores affect your loan
  • How much home you can afford
  • How to avoid predatory lending
  • How to choose an agent and shop for a home
  • The importance of a home inspection
  • What to expect at closing
  • Your rights and responsibilities as a homeowner

Enroll Now!