There are some requirements in order to qualify for our Homebuyer Loan Program:

• Minimum Credit Score of 640
• Must work with an approved, participating, Program Lender (click here to find an approved loan officer)
• "Approved" Home Buyer Education is required to be completed
• Your purchase price must be below the limits for the county in which you purchase
• Your income must be below the limits for the county in which you purchase
• You must meet the IRS definition of a first-time homebuyer which means, you cannot have owned AND occupied your primary residence for the last three years prior to purchase

The Florida Assist (FL Assist)

• Offers up to $10,000 on FHA, VA, USDA, and Conventional Loans.
• 0%, non-amortizing, deferred second mortgage
• 30-year term
• Repayable, in full, upon sale or refinance, transfer of deed, payoff of the first mortgage or if borrower no longer occupies as his/her primary.

The Florida Homeownership Loan Program (FL HLP) Second Mortgage

• Offers $10,000
• 3% fully-amortizing, second mortgage
• 15-year term
• Carries a monthly payment that is included in borrower’s DTI
• Repayable, in full, upon sale or refinance, transfer of deed, payoff of the first mortgage or if borrower no longer occupies as his/her primary

Florida Hometown Heroes Housing Program

The Florida Hometown Heroes Housing Program makes homeownership affordable for eligible frontline community workers such as law enforcement officers, firefighters, educators, healthcare professionals, childcare employees, and active military or veterans.

This program provides down payment and closing cost assistance to first-time, income-qualified homebuyers so they can purchase a primary residence in the community in which they work and serve. The Florida Hometown Heroes Loan Program also offers a lower first mortgage interest rate and additional special benefits to those who have served and continue to serve their country.

• Eligible full-time workforce, employed by a Florida-based employer can receive lower than market interest rates on an FHA, VA, RD, Fannie Mae or Freddie Mac first mortgage, reduced upfront fees, no origination points or discount points and down payment and closing cost assistance.
• Eligible borrowers can receive up to 5% of the TOTAL loan amount not to exceed $35,000.
• 30-year deferred second mortgage , 0% non-amortizing
• Repayable, in full, upon sale or refinance, transfer of deed, payoff of the first mortgage or if borrower no longer occupies as his/her primary

3%, 4% and 5% HFA Preferred and HFA Advantage PLUS Second Mortgage

• Provides 3%, 4% or 5% of TOTAL loan amount for down payment and/or closing cost assistance
• 5-year, 0% amortizing
• Forgivable at 20% a year over its 5-year term.
• Remaining principal balance is repayable, in full, upon sale or refinance, transfer of deed, payoff of the first mortgage or if borrower no longer occupies as his/her primary

USDA Rural Development Loans

• 100% financing available
• Flexible credit standards
• No monthly mortgage insurance
• To see if a property qualifies, visit the USDA Income and Property Eligibility Site.

VA Loans

• Designed specifically for eligible veterans, active-duty service members, and surviving spouses
• VA Program financing with 0% down payment available
• No monthly mortgage insurance
• Flexible credit standards