Learn more about the Affordable Loan Solution ® Mortgage by contacting a Bank of America’s lending specialist. Footnote 2 In addition to our low down payment mortgage options, there may be down payment and cost savings programs available in your area. Visit the Bank of America Down Payment Center Footnote 1 to learn more.
The Housing Finance and Community Redevelopment Division offers Home Buyer Purchase Assistance to qualified home buyers. Assistance is in the form of a deferred payment second mortgage up to $40,000 (or up to $50,000 for Davie, Plantation, and Weston), 0% interest, 15 year term. funds are available on a first come, first qualified, first served.
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Affordable housing is so hard to find in South Florida that Broward County is giving. some site preparation costs and provide up to $60,000 in down payment assistance to each eventual home buyer,
Homebuyers in the State of Florida Down Payment Assistance programs and mortgage credit certificate programs are available in every County in the entire State – right now. And NO, these programs do NOT "run out" of money. We are NOT Lenders, we are NOT Realtors, we ARE the EXPERTS with first-time buyer programs in the state of Florida.
Many other counties in Florida offer similar programs. You can find links to other counties by visiting the My First Florida Home website, here. Down Payment Assistance in Florida. Down Payment Assistance in Florida is a site that offers a variety of resources for first-time homeowners.
MyHome provides a deferred-payment junior loan – up to 3.5% of the purchase price, or appraised value, whichever is less, to be used for their down payment and/or closing costs. This program must be combined with a CalHFA first mortgage loan. Review the sections below to find out more about the MyHome program.
The Head Start to HOME Ownership (H2H) Program provides financial aid in the form of down payment and closing cost assistance to eligible families and/or individuals interested in buying a home. Families and/or individuals who do not currently own a house, who will reside in the home as their primary residence and who meet household income criteria will be eligible for assistance pending.