This loan is part of the Florida Homebuyer Opportunity Program. The loan is for 10% of the purchase price of the home up to $8,000. The borrower is expected to pay the loan back once they have received their federal first time homebuyer tax credit.
Additional details include:
- Buyer must not have owned a home 3 years prior to this purchase
- You must have $1,000 of your own money to use for down payment and closing costs required to buy a house
- Credit score of 620 or above
- Income limits of $75,000 for single, $150,000 for joint applicants
- Buyer must attend one on one counseling session and education seminar
To receive complete details and be connected to a qualified to lender and REALTOR to assist you with the program contact or call me at 407-304-0255.
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