Florida Housing 3% Grant Program
This is a program for first-time homebuyers. It is a 0% interest, non-repayable, 3% of the purchase price grant. This is used on a Conventional Fannie Mae loan. Here are a few things to know:
- A 640 middle credit score is needed
- There is reduced mortgage insurance
- You don’t have to pay doc stamps or intangible tax
- You have to take a a homebuyer education course. Face-to-face Homebuyer Education is preferred if provided by a HUD approved counseling agency
Call or email us today to find out more (954) 903-7256 or [email protected]
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