First
Time Homebuyer Program
Florida
Housing’s First Time Homebuyer Program (FTHB) offers 30-year fixed interest rate
mortgage loans to first time homebuyers through its network of participating
lenders and lending institutions. However, if you are not a first time
homebuyer, you may still be eligible for this program if you are purchasing a
home in a federally designated targeted area or are a qualified Veteran. This
program uses income and purchase price limits to determine eligibility.
Additionally, a potential homebuyer must complete a 6-8 hour face to face
homebuyer education class, be able to qualify for a mortgage, and have a minimum
640 FICO score. Borrowers are required to contribute a minimum of $1000 of their
own funds into the transaction. Gift Funds meeting Agency guidelines are
allowed.
Call me with questions
David Metlika
Area Pro Realty Shawn Murphy Fl Group
954-801-9338
dmm561@gmail.com
www.SFLHomeRealtor.com
The Best Realtor!!!
ReplyDelete