Helping First Time Home Buyers achieve Home Ownership
(PRWEB) October 17, 2014
Roger Lazzarino, a Florida Real Estate Broker and former Mortgage Banker, has listed the TOP 7 Down Payment Assistance programs to allow Florida’s First Time Home Buyers (http://floridafirsttimehomebuyer.info/) to qualify to purchase homes with very little out of pocket money. These programs allow people who have NOT owned a home in the past 3 years, to now be able to join the ranks of homeownership. This is a free service to the Home Buyer.
These programs include:
1) Federal Home Loan Bank Down Payment Assistance matching Home Loan Grant for First Time Home Buyers
This program allows for up to $7500 in the form of a 4:1 matching grant with Home Buyer
2) Conventional Preferred Down Payment Assistance Program
This program allows for $10,000 in the form of an interest free loan for up to 30 years for Florida First Time Home Buyers who other than down payment would qualify for a Conventional loan product.
3) FHA Florida Housing First Time Homebuyer (FTHB) Down Payment Assistance Bond Program
This program allows for $10,000 in the form of an interest free loan for up to 30 years for Florida First Time Home Buyers who other than down payment would qualify for an FHA loan product.
4) Conventional Preferred PLUS Down Payment Assistance for Florida First Time Home Buyers This program allows for higher income families participate in the Home Buying process when they don’t have enough ready cash for a down payment on a home.
5) Dream 100
This program allows for people who have never had a bankruptcy and have excellent credit to participate by only putting down at least $500. This money goes toward the purchase price of the house. This program is only available in pre-determined areas of the state.
6) USDA / Rural Development loans
This program allows for 102% financing. This program is restricted to USDA areas that are designated as rural areas. Much of Florida qualifies for this Federal program.
7) VA Loan
This program is available to Veterans and allows for 100% financing.
About First Time Home Buyer Realty
First Time Home Buyer Realty services Pinellas, Hillsborough, Polk, Pasco, Manatee, Lake, West Orange and West Osceola counties.
Contact: Roger Lazzarino
Tel.: (813) 777-8056
Email: roger (at) usa-dpa (dot) (com)
Call 813-777-8056 to find out the details and if you qualify!