Down Payment Assistance Programs

• $10,000 in down payment assistance at 0% interest rate and 0.134% annual percentage rate (APR)
• Repayment is deferred for 30 years, except in the event of the sale, transfer or satisfaction of the first mortgage

• $12,000 for Pinellas County in down payment assistance at 0% interest rate and 0.1110% APR
• $8,000 for Pasco and Polk Counties in down payment assistance at 0% interest rate and 0.1675% APR
• Repayment is deferred for 30 years, except in the event of the sale, transfer or satisfaction of the first mortgage

• $10,000 in down payment assistance at 0% interest rate and 0.134% APR
• Repayment is deferred for 30 years, except in the event of the sale, transfer or satisfaction of the first mortgage

• Must be a first-time homebuyer or have not owned a home in the previous three years
• Minimum credit score of 640
• Homebuyer education course required

• Must be a first-time homebuyer or have not owned a home in the previous three years
• Minimum credit score of 660 for all loan types
• Homebuyer education course required

• Must be a first-time homebuyer or have not owned a home in the previous three years
• Minimum credit score of 640 for 5% down
• Minimum credit score of 680 for 3% down
• Homebuyer education course required
• Two months’ mortgage payment in reserve after closing is required

• $95,500 for 1- and 2-occupant households
• $109,825 for 3-occupant or more households
• Borrower cannot receive any funds back at closing

Pinellas and Pasco

• $95,500 for 1- and 2-occupant households
• $109,825 for 3-occupant or more households

Polk 

• $91,680 for 1- and 2-occupant households
• $106,960 for 3-occupant or more households

• $95,500 for 1- and 2-occupant households
• $109,825 for 3-occupant or more households

• $510,939 maximum purchase price in Hillsborough, Pasco and Pinellas counties (purchase price limits vary in other Florida counties)
• Loans are issued by the Federal Housing Administration (FHA) or the U.S. Department of Veterans Affairs (VA), so properties must meet the standards outlined by those authorities. No rehab on the home is allowed.
• Interest rates are set by the Florida Housing Finance Corporation

• $510,939 maximum purchase price in Pasco, Pinellas and Polk counties
• Conventional loans are issued by Freddie Mac (FHLMC). Other loan types are issued by the Federal Housing Administration (FHA) or the U.S. Department of Veterans Affairs (VA). Properties must meet the standards outlined by those authorities. No rehab on the home is allowed.
• Interest rates are set by the Housing Finance Authority of Pinellas County

• $510,939 maximum purchase price in Hillsborough, Pinellas and Pasco counties (purchase price limits vary in other Florida counties)
• Loans are issued by Fannie Mae (FNMA), so properties must meet the standards outlined by this authority. No rehab on the home is allowed.
• Interest rates are set by the Florida Housing Finance Corporation