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Indian River County Florida Home Buyer Assistance Program Process and Time Line

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Mortgage and Lending

Indian River County Florida Home Buyer Assistance Program Process and Time Line

1.  County sponsored home buyer education class is required.

2.  Home buyer is APPROVED and signs contract for home.

3.  Lender sends Reservation Form with contact to county.

4.  With-in 5 days, home is inspected by county staff.

5.  If necessary, lead based paint assessment is completed.

6.  Lender sends loan package to county.

IF NO REPAIRS ARE NECESSARY......

7.  County approves application package.

8.  County contracted appraiser completes appraisal.

9.  Home buyer meets with home buyer counselor.

10. Mortgage package e-mailed to title company.

11. Home buyer assistance check is released by county after HUD 1 is approved.

12. Closing occurs at the offices of the title company.

FOR MORE INFORMATION PLEASE VISIT:

HUDS List of Home Buyer Assistance Programs in the State of Florida by County

For More Information on Government Loan Programs in the State of Florida Please Visit:

Government Home Loan Programs in the State of Florida 


Posted by

Jim Poole

Senior Loan Officer NMLS #351358

813.205.7958 Mobile

jptampa@live.com 

 

Comments(1)

Pam Hills
Innovative Artistry - Kendall, FL
ASP/IAHSP- Stager Miami, FL, Creative Minds Innovatively At Work

Dear Jim,

I see you are in Tampa and wondered if you are doing the loans for these programs? Are you working as one of their approved lenders for SHIP Funds & Housing Assistance?

There is a PDF file of criteria that I am not able to attache here, but it states there is a network of lenders.

Thanks,

Pam

Jul 11, 2011 01:48 AM