Florida Homebuyers Can Get $15000 Down Payment Assistance*
Florida has many Down Payment Assistance Programs. Let us help you understand whats available and put you in touch with a Licensed Mortgage Broker so the you can purchase your dream home. Below is just one of many programs available to Florida Homebuyers. We have highlighted this one as it is $15000. There are programs for Buyers of all Income, Credit and Price Ranges. Call Now 888-900-9685.
FHA HHF PROGRAM $15,000 IN DOWN PAYMENT FUNDS AVAILABLE FOR FLORIDA HOME BUYERS
• The 11 counties are Brevard, Clay, Duval, Hillsborough, Orange, Osceola, Pasco, Pinellas, Polk, St Lucie, and Volusia
• Borrower or Spouse cannot have owned a home in the last 3 years.
• $15,000 0% Interest in down payment funds forgiven at the rate of 20% per year and FULLY FORGIVEN AFTER YEAR 5 as long as you live in the home as your primary residence.
• 30 fixed rate mortgage
• Minimum credit score 640+ middle score to qualify
• No Bankruptices in the last 2 years and no foreclosures in the last 3 years.
• The Down payment Assistance loan is repaid if the homebuyer sells the home, transfers ownership, satisfies or refinances the first mortgage, or ceases to occupy the home.
• Home buyer education required
• Discount on monthly mortgage insurance for those that qualify
• Annual Income limits and purchase price limits do apply
• Owner occupied, single family properties
• Townhomes or Condos (Condos must be prior approved)
• Cash back is not allowed at closing excess funds will be used to pay down first mortgage.
• The 11 counties are Brevard, Clay, Duval, Hillsborough, Orange, Osceola, Pasco, Pinellas, Polk, St Lucie, and Volusia
• Borrower or Spouse cannot have owned a home in the last 3 years.
• $15,000 0% Interest in down payment funds forgiven at the rate of 20% per year and FULLY FORGIVEN AFTER YEAR 5 as long as you live in the home as your primary residence.
• 30 fixed rate mortgage
• Minimum credit score 640+ middle score to qualify
• No Bankruptices in the last 2 years and no foreclosures in the last 3 years.
• The Down payment Assistance loan is repaid if the homebuyer sells the home, transfers ownership, satisfies or refinances the first mortgage, or ceases to occupy the home.
• Home buyer education required
• Discount on monthly mortgage insurance for those that qualify
• Annual Income limits and purchase price limits do apply
• Owner occupied, single family properties
• Townhomes or Condos (Condos must be prior approved)
• Cash back is not allowed at closing excess funds will be used to pay down first mortgage.
A list of the many other Down Payment Assistance programs. Call us to get more details. 800-900-9685.
HFA Bond Preferred Down Payment Assistance
Conventional Preferred Plus Down Payment Assistance
Sapphire FHA Down Payment Assistance
Federal Home Loan Bank Down Payment Assistance Grant
Freedom First Closing Cost Assistance
HFA Bond Preferred Down Payment Assistance
Conventional Preferred Plus Down Payment Assistance
Sapphire FHA Down Payment Assistance
Federal Home Loan Bank Down Payment Assistance Grant
Freedom First Closing Cost Assistance
* Must meet all qualifications and requirements. The above information is deemed to be accurate and is for informational purposes only and is subject change at any time. Pytha Realty Group is a Licensed Real Estate Brokerage and does not originate Mortgages of any type.