We may be able to help! With our service you can find grants and assistance programs from all over the state that’ll assist you in buying your dream home in Florida.
A normal mortgage usually requires you to pay a downpayment that’s equal to about 20% of the home’s purchase price. For a normal single-family house, that means that buyers have to save tens of thousands of dollars before they can really think about buying a house. Downpayment assistance programs are designed to make that obstacle a little bit easier to overcome for families with low and moderate incomes.
There are two major types of downpayment assistance in Florida that you might be able to use: Interest Free DPA loans, and Conditional DPA Grants. Loans cover about 3% of the sale price (If you can get an FHA loan your downpayment can be reduced to 3%). A conditional grant functions like a second mortgage, except that you don’t need to pay it back as long as you meet the conditions of the loan (usually that you live in the home for at least a set number of years).
These aren’t the only possibilities of course. Other great first time home buyer programs in Florida include:
Our service is designed to help you find the right program for your situation. This program and others like it are designed to make your homeownership dreams a reality!
We keep track of and help you find DPA listings in your city or your Florida county to get you the financial help you need. You’ll have access to…
Besides that, we want to make sure that you’re well informed about all your options and how you can ensure that your experience will be a long-term success, so we’ll help you find HUD certified housing counselors and HUD certified homebuyer workshops in your area at no charge!