What is the Florida Housing First Time Homebuyer Program?
The First Time Homebuyer Program helps low to moderate income families by making homeownership more affordable in Florida. The First Time Homebuyer program offers low fixed rate mortgages that provide borrowers with a low monthly mortgage payment. 2. Who is eligible for this program? Any first time homebuyer that meets the income limits may use this program. First Time Homebuyers are people who haven’t owned a legal residence in the past three years unless they are buying in Target Area, Wilma Go Zone, or qualified for the Vets Exemption. To see if you qualify, please contact a participating lender. 3. What does this program offer? The First Time Homebuyer program offers a variety of low fixed rate mortgage program and down payment assistance programs. 4. Is this a grant? The program offers affordable alternatives to financing mortgages. The mortgages are loans that must be repaid. 5. Is this loan forgiven? The First Time Homebuyers program offers mortgages to help borrowers buy a home
