Florida Housing offers a Homebuyer Program that provides 30-year fixed rate first mortgage loans to first time home-buyers (no home ownership during previous 3 years) through participating lenders and lending institutions throughout the State of Florida. Eligible borrowers may also participate in one of Florida Housing’s second mortgage programs to access down payment assistance and closing costs.
To qualify for these programs, which can help with your down payment and closing costs, you may need to meet income limits and have a credit score of at least 640. Here Is a brief description of the programs. They include fixed rate loans and down payment and or closing cost assistance.
| Program name | Assistance amount | Assistance type | Where it’s available |
| Florida Assist | Up to $10,000 on government loans, or $7,500 on conventional loans | Down payment assistance as a 0% deferred loan | Statewide |
| Florida Homeownership Loan Program | $10,000 | Down payment assistance as a 15-year, 3% loan | Statewide |
| HFA Preferred and HFA Advantage PLUS | Up to 5% of mortgage amount | Down payment assistance as a forgivable second mortgage | Statewide |
| Salute our Soldiers PLUS | Up to 5% of mortgage amount | Down payment assistance as a forgivable second mortgage | Statewide |
I am a “certified” Realtor who has attended The Homebuyer Loan Program Continuing Education Class. I help buyers use the Homebuyer Loan Program Wizard to help with their home search. I can also introduce lenders who participate in the Programs.
Send me an e-mail and I will forward descriptions of these programs. Or just give me a call, I am happy to address any questions you might have.
