Florida First Time Home Buyer Programs

In the state of Florida, the state agency that offers first time home buyer programs is the Florida Department of Community Affairs.

First time home buyer program – This loan program offers low-interest, 30 and 40 year, fixed-rate mortgages to enable low-to-moderate income families to buy affordable housing. The program also provides assistance towards down payment and closing costs assistance and also provides for credit counseling.

Qualifications

• Borrower must never have owned a home
• Borrower’s annual income must fall within income limits set for this program and must have a good credit history
• Property value must fall within required value limits
This loan can be utilized by Teachers, firefighters, healthcare workers, police officers, as well as active duty and veteran military personnel.

For further details on available loan program visit

http://www.floridahousing.org/Home/HomebuyersRenters/FTHB/

Contact details:
Phone: (850) 488-4197, (850) 278-4197 (SUNCOM)