Down Payment Assistance For All of Florida
If you are looking to purchase a home in Florida and are a First Time Homebuyer you need to make sure whoever you are working with offers this program because you could be missing out on $7500 in down payment assistance. Unlike the down payment assistance programs where you have to apply with the cities after you go under contract and hope they have funds, we pre-approve you for this upfront.
The program is called the Florida Assist. The FL Assist offers the following:
- Up to $7,500.
- 0%, deferred second mortgage.
The FL Assist is not forgivable. Repayment is deferred, except in the event of the sale, transfer, satisfaction of the first mortgage, refinancing of the property or until such a time the mortgagor ceases to occupy the property at which time, the Florida Assist will become payable in full.