Florida currently has 3 home buyer programs available;
- FIRST-TIME HOMEBUYER Program -Florida’s First-Time Homebuyer Program offers 30-year fixed rate loans through participating lenders and lending institutions. As with most first-time homebuyer programs, income and purchase price limits do apply. A borrower must have a minimum FICO credit score of 640 to qualify.
- Local SHIP Program – Low-to-moderate income borrowers across the state can inquire with their local county as to what down payment and closing cost assistance is available in their given area.
- Florida Housing Mortgage Credit Program – The Florida Housing Mortgage Credit Certificate (MCC) Program allows first-time homeowners to claim up to $2,000 each year as a tax credit on the mortgage interest paid. The MCC program cannot be combined with the first-time homebuyer program. Similarly to the first-time homebuyer program, income and purchase price limits will apply.
For more details on Florida Housing Finance Corporation details >>>>> CLICK HERE
Check out this FIRST TIME HOME BUYER WIZARD TOO! >>>>>>> CLICK HERE FOR WIZARD