Florida First Time Homebuyer Program

Are you a first-time homebuyer in Florida? If so, you’re in luck! The State of Florida offers a Homebuyers Program, designed to help first-time homebuyers to purchase their dream home.

The Homebuyers Program provides 30-year fixed rate first mortgage loans to first-time homebuyers through participating lenders and lending institutions throughout the State of Florida. Eligible borrowers may also take advantage of one of Florida Housing’s second mortgage programs to assist with down payment and closing costs.

These second mortgage programs are available to qualifying borrowers who meet the income and other eligibility requirements. Second mortgage programs include the Florida Housing Mortgage Credit Certificate Program (MCC) and the Florida Bond Program. The MCC Program offers an annual federal income tax credit equal to a percentage of the annual mortgage interest paid. The Florida Bond Program provides down payment assistance with a competitive fixed interest rate and no repayment required.

The Florida Homebuyers Program also offers education and counseling services to help first-time homebuyers better understand the home buying process. These services include pre-purchase counseling, homebuyer education classes, and post-purchase counseling. All of these services are provided free of charge to eligible borrowers.

Whether you are a first-time homebuyer or an experienced homeowner, the Florida Homebuyers Program is a great resource for anyone looking to purchase a home in the State of Florida. With access to competitive mortgage loans, second mortgage programs, and education and counseling services, the Homebuyers Program offers a comprehensive package of benefits that can help you achieve your goal of homeownership.