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As of January 31, 2019, 52,742 Florida families have received assistance through HHF programs and more than 20,000 received down payment and closing cost assistance through HHF-DPA. It is estimated that approximately 1,500 eligible first-time homebuyers will be assisted with this additional funding.
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Program Features: Up to $40,000 available (or up to $50,000 for Davie, Plantation, and Weston) Purchase Assistance is 3% of real estate contract sales price. One percent (1%) of the down payment funds must come from your own savings and cannot be borrowed or received as a gift. A comprehensive Home Inspection report is required.
First time home buyer down grant programs are available throughout the entire state of Florida. Get information on the Florida Bond with The Mortgage Lady in The Mortgage Minute Visit for more.
About Down Payment Assistance If you are looking to purchase homes anywhere in Florida, then you have come to the right place. We have access and are certified to do these loans that include grants, bond programs and 100% loans.
FHA Down Payment Grants for 2019 Down Payment Assistance Programs for Homebuyers. The following down payment assistance programs and/or grants were researched by the team at FHA.com. Please note that all programs listed on this page may involve a second mortgage with payments that are forgiven.
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FLORIDA ISSUERS & PROGRAMS .. Bond Programs. TBA Programs. FL Hurricane Michael TBA Program . Recent news. dcbr latest update (9/3/2019) drbc implementation successful (9/2/2019) inclimate Weather (8/30/2019) HDS NextGen Goes Back to School (8/26/2019) Links.
The City of Tampa offers down payment assistance loans to income eligible home buyers of property within the City limits of Tampa. The loan is in second position behind primary financing from a mortgage lender and is typically known as a "silent second" because of the 0% rate and $0 monthly payment.
Osceola County’s purchase assistance is available to fund the amount between the borrower’s down payment and the first mortgage amount, and maintain ratios of 30/41%, subject to the limitations above. The maximum down payment assistance amounts are as follows: $30,000 Very low income $20,000 Low income $10,000 Moderate income 7.
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