There is Still Bond money available in Jacksonville FL
Sometimes coming up with a down payment is a huge obstacle for Jacksonville FL first time home buyers but there is help. The help is in the form of the Florida Housing Corporation or Bond Money as it is so commonly called.
I have helped many Jacksonville FL first time homebuyers use this valuable resource. If you would like for me to help you please don't hesitate to call me (904) 962-8404.
Florida Housing Finance Corporation (Bond Money)
Florida Housing's First Time Homebuyer Program (FTHB) offers 30-year fixed interest rate mortgage loans to first time homebuyers through its network of participating lenders and lending institutions. However, if you are not a first time homebuyer, you may still be eligible for this program if you are purchasing a home in a GO Zone county, or other federally designated targeted area.The good news is that the Jacksonville FL area qualifies as a GO Zone This program uses income and purchase price limits to determine eligibility.
Downpayment Assistance Programs
Florida Assist Program Offers Up To $7,500
Targets applicants with annual incomes at or below 80% Area Median Income (AMI)
Florida Assist Program income limits
Homeownership Assistance For Moderate Incomes (HAMI)$5,000
-Targets applicants with moderate incomes
I hope you find this information helpful. If you or someone you know could use my expertise in purchasing a home in the Jacksonville FL area I would be honored to help.
P.S. Don't forget about the $8,000 tax credit.
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