Hillsborough, Pinellas and Pasco Counties - Up To $15,000 Assistance for First Time Home Buyers

Program Requirements and Benefits

 Must be primary residence

 Complete a homebuyer education course to be eligible for a First Mortgage Loan

 First time homebuyer (Unless purchasing in a targeted area or are a qualified Veteran)

 Meet program income & purchase price limits

 Borrowers who qualify for a First Mortgage Loan automatically qualify for one of Florida

Housing’s downpayment assistance programs First Mortgage Loan Programs:

Florida First & Military Heroes Government Loan Program

 Government (FHA, VA, USDA/RD) first mortgage loans

 Veterans do not have to be first time homebuyers

 Veterans and active duty military personnel qualify for a reduced interest rate

Florida HFA Preferred & HFA preferred PLUS Conventional Loan Program

 These programs offer reduced mortgage insurance costs when compared with similar FHA Loans

Florida Assist Loan Program

 0% interest, second mortgage down payment assistance program with no monthly mortgage payments

 Due when the first mortgage is satisfied or when the financed property is no longer the borrower’s primary residence

HFA Preferred PLUS Grant

 Downpayment assistance program

 Offers qualified borrowers 3% of the purchase price (for down payment) in a non-repayable grant

 Only available with a HFA Preferred PLUS Loan

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