Down Payment Assistance Programs Florida - Finding a down payment is one of the difficulties that many first-time homebuyers face when trying to buy a property. Fortunately, Florida Housing (FL Housing) has established a number of programs to help prospective homeowners with their down payments so they can purchase homes.
List of Down Payment Assistance Programs Florida
The following programs for down payment assistance are available from Florida Housing to qualified buyers:
- Broward County recognizes that many individuals who can afford
Broward County is aware that many people who can afford monthly mortgage payments lack the down payment needed to buy a home. Potential homeowners can get aid with the down payment through the Broward County Homebuyer Purchase Assistance Program.
- Hardest Hit Fund Down Payment Assistance
Hillsborough First with Hardest Hit Fund (HHF) Down Payment Assistance Program is made available by the Housing Finance Authority of Hillsborough County. The program is designed to assist first-time homebuyers who do not have sufficient savings to cover substantial down payments and closing expenses.
- Escambia County Down Payment and Closing Cost Assistance
The program offers zero-interest, deferred second mortgages with a $7,500 maximum loan amount to applicants who meet the program's income requirements in order to help with down payments and closing fees. This is only applicable in conjunction with the 4 percent first mortgage offered by the program.
- HFA Miami-Dade Mortgage Program
The Housing Finance Authority of Miami-Dade is aware of the substantial down payments required to buy a property. The HFA provides prospective homebuyers with a first mortgage as well as down payment assistance to help offset this expense.
- Head Start To HOME Ownership Program
The Head Start to HOME Ownership Program, generally known as H2H, is a housing aid program provided by the City of Jacksonville for qualified candidates who want to buy a home.
- Home Key Plus 2nd Mortgage
The First-Time Homebuyer Program from the Housing Finance Authority of Pinellas County is intended to assist prospective borrowers in getting the house of their dreams. The program offers consumers down payment assistance in addition to a first mortgage through the Home Key Plus 2nd Mortgage.
- Home Ownership Program
The Housing Finance Authority of Manatee County provides assistance with down payments through their Home Ownership Program. The program offers borrowers the opportunity to pay for the down payment and/or closing charges in addition to a first mortgage.
Read more for Eligibility and Requirement
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