FloridaDownPaymentAssistance.com
2018 First Time Home Buyer Programs
as of January 12, 2018

Compare the top down payment assistance programs and first time home buyer programs available in Florida. We offer this information free to you as a service to our local community. These Down Payment and Closing Cost Assistance programs can only be provided by Lenders who have been approved by the appropriate Institutional Investors. If you would like to learn more about which Realtor's and Lenders are qualified, or if you would like to be pre-approved for any of these programs, please feel free to contact us. It's a QUICK and FREE process.

Quick & Easy : Click Here to select up to $15,000 for down payment assistance

Many of these programs are available throughout the entire State of Florida. This website is sponsored by Mid Florida Realty your down payment assistance experts.

Pinellas, Hillsborough, Manatee, Polk, Pasco, Orange, Osceola, Lake, Hernando, Volusia, Clay, Duval, Flagler, Nassau, St Johns, Sarasota, Putnam and Charlotte counties, please call 863-800-1011

At this time no other Florida Counties are serviced by telephone.

2018 INCOME LIMITS & PURCHASE PRICE

2018 NON-HHF Conventional Income and Purchase Limits
2018 HHF Conventional Income and Purchase Limits
2018 NON-HHF - FHA Income and Purchase Limits
2018 HHF FHA Income and Purchase Limits
2018 Pinellas - Pasco - Polk Income and Purchase Limits
2018 Own A Home Opportunity Grant Income Limits
2018 House 2 Home - Income Limits

2018 Conventional Preferred Plus Down Payment Assistance

Power Purchase Plus Program NO Mortgage Insurance (LPMI)

  • Power Purchase Plus Program that requires No Mortgage Insurance. 
  • Competitively priced Conventional Loan. 
  • No First Time Home Buyer requirement.
  • Requires 1% down payment from the Home Buyer.
  • 2% Grant from Non-Profit + 1% Home Buyer Funds equals %3 equity with a 97% eligible conforming loan.
  • First mortgage must meet FHLMC Home Possible Advantage eligibility. 
  • 2% Grant funds will be provided by a Non-Profit Agency.
  • No additional subordinate financing allowed.
  • Conforming loan amounts only.
  • No manual underwrites allowed. LP decisions only.
  • Primary Residences only. No Investment properties. No 2-4 units.
  • Manufactured Housing NOT allowed.
  • The Income limits are based on 100% AMI except those high cost and under-served counties where higher income limits are allowed.
  • Benefit-Under-served counties and those High Cost Counties included. (Exceeding 100% counties) increased income limit for those counties.
  • No sales price limits.
  • Required minimum middle credit score 640
  • Co-Signors/Non-occupying Co-Borrowers not allowed.
  • Borrower may have an ownership interest in other under certain conditions. (Please discuss with Loan Originator).  
  • Home Buyer Education required before Closing.

Power Purchase Program Reduced Mortgage Insurance

  • Power Purchase Program that offer reduced Mortgage Insurance payments.
  • Competitively priced Conventional Loan. 
  • No First Time Home Buyer requirement.
  • Requires 1% down payment from the Home Buyer.
  • 2% Grant from Non-Profit + 1% Home Buyer Funds equals %3 equity with a 97% eligible conforming loan.
  • First mortgage must meet FHLMC Home Possible Advantage eligibility. 
  • 2% Grant funds will be provided by a Non-Profit Agency.
  • No additional subordinate financing allowed.
  • Conforming loan amounts only.
  • No manual underwrites allowed. LP decisions only.
  • Primary Residences only. No Investment properties. No 2-4 units.
  • Manufactured Housing NOT allowed.
  • The Income limits are based on 100% AMI except those high cost and under-served counties where higher income limits are allowed.
  • Benefit-Under-served counties and those High Cost Counties included. (Exceeding 100% counties) increased income limit for those counties.
  • No sales price limits.
  • Benefit-MI is lower 25% coverage on a 97% LTV.
  • Required minimum middle credit score 620-719
  • Score over 720 will have a lower MI factor vs. FHA products.
  • Co-Signors/Non-occupying Co-Borrowers not allowed.
  • Borrower may have an ownership interest in other under certain conditions. (Please discuss with Loan Originator).  
  • Home Buyer Education required before Closing.

2018 FHA - (HFA) Housing Finance Authority Home Sweet Home Down Payment Assistance program for Hillsborough, Pinellas, Duval, Clay and Miami-Dade counties

 2018 FHA Manatee County Florida Key Ownership Program Homebuyer Down Payment Assistance Bond Program

2018 FHA - Housing Finance Authority Home Key Down Payment Assistance program for First Time Home Buyers - Pinellas County - Pasco County - Polk County

House 2 Home FHA Down Payment Assistance for ALL Florida Counties

2018 Florida FHA State Bond Preferred Down Payment Assistance Program for All Florida Counties including Orange County, Osceola County, Lake County, Hernando County, Putnam County and Nassau County.

Federal Home Loan Bank Down Payment Assistance Grant

USDA / Rural Development Loans

VA Loans

2017 OWN A HOME OPPORTUNITY
(Broward, Volusia, Lee, Sarasota, Charlotte, Collier, DeSoto, St Johns & Palm Beach Counties only)

Quick & Easy : Click Here to select up to $15,000 for down payment assistance

NOTICE: This is not a commitment to lend or extend credit. Restrictions may apply. Information and/or data is subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states/counties.This website is privately owned and has no official connection to the State of Florida.