New Updated 2014 First Time Home Buyer Programs Available to Florida Residents
PR Web |
These new programs allow those who haven't owned a home in the last 3 years to receive up to
There are three versions of the program. The first program is the
The minimum middle credit score requirement is approximately 640 for all of the programs, but higher credit scores strengthen the likelihood of loan approval.
New 2014 – Florida First Time Home Buyers programs
2014 FHA Florida Housing First Time Homebuyer (FTHB) Bond Program
• 30-year, fixed-rate first mortgage loans originated by trained and approved lenders throughout the
• The assistance comes in the form of a 0% interest or low, fixed-rate second mortgage. Only one
• 30-year, fixed-rate first mortgage loans originated by trained and approved lenders throughout the
•
• First Time Home Buyer or haven't owned a property for at least 3 years
•
These Florida Mortgage First Time Home Buyer loans can only be originated and underwritten by Approved Florida Lenders, who are also originating the primary 1st mortgage loan. Per lending guide lines, the 1st Mortgage and the 2nd Mortgage (Grants or 0% interest loans) cannot be separated between 2 Lenders. NO Exceptions.
Call
Direct phone for Orange, Seminole & Lake counties: 407-801-2950
All other
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