why our team loves State Housing Programs
We love state housing programs because they meet buyers where they are. There are multiple options depending on your goals, loan type, and even your career field. It’s a smart way to pair affordability with strategy.
Florida State Housing Programs At A Glance
Florida Housing offers affordable loan programs, including FL First, FL HFA Preferred/Advantage, and HFA Preferred for TBA. Most can be paired with second mortgage assistance (up to $10,000) and are available through approved lenders like us.
Highlights
- Up to $10,000 In Assistance: To cover down payment, closing costs, or both depending on program structure.
- Multiple Options: Includes FL First, HFA Preferred/Advantage, and HFA Preferred for TBA.
- Must Use An Approved Lender: Available only through Florida Housing-approved lenders like us.
Florida State Housing Program Guidelines
- Programs: FL First, FL HFA Preferred/Advantage, HFA Preferred for TBA.
- Down Payment Assistance: Up to $10,000 (second mortgage, deferred or repayable depending on structure).
- Occupancy: Must be primary residence.
- Eligible For: First-time buyers (or not owned in 3+ years), veterans, select repeat buyers in target areas.
- Income Limits: Varies by county and household size.
- Property Type: Single-family homes, approved condos, townhomes, some manufactured homes.
Pros Of Florida State Housing Programs
- Up to $10,000 In Assistance: Use funds toward your down payment, closing costs, or a combination of both.
- Fixed-Rate Stability: Programs offer 30-year fixed-rate loans with predictable monthly payments.
- MI Cost Savings: Some options reduce monthly mortgage insurance premiums.
- Broad Eligibility: Available to first-time buyers, veterans, and some returning homeowners.
Best for…
Buyers who are credit-ready but need help with upfront costs
First-time buyers or those who haven’t owned in the past three years
Income-qualified households looking for a stable, affordable mortgage
Free Guides & Resources
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