15000 First Time Home Buyer Florida. Please note that all programs listed on this website may involve a second mortgage with payments that are forgiven, deferred, or subsidized in some manner until resale of the mortgaged property. This is a program sponsored by the state of florida and offered through various lending institutions that provides up to $15,000 in down payment funds for first time home buyers (typically defined as not owning a home within the last 3 years).
Florida housing has successfully disbursed 100 percent of the over $1 billion in hhf program funds allocated by the us department of treasury (treasury) two years ahead of schedule and is now using. Must be used for down payment and closing cost. If buyer cannot get a mortgage loan at a current interest rate, c.h.i.
If you’re a first time home buyer in florida, you could be missing out on up to $15,000 in downpayment assistance.
The program is available to first time home buyers only. A really cool detail of this bill is taxpayers may elect to treat the purchase of their home as occurring in the prior taxable year to receive. Don’t miss out on your money by skipping past this information. First time home buyer requirement for all occupants for 105% cltv transactions.
