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Jacksonville Down Payment Assistance Updates Part 1
Let's talk about Jacksonville down payment assistance and see what is available. There are many options for Jacksonville residents seeking down payment assistance to purchase a home in the Jacksonville and Orange Park areas. These programs provide down payment, closing cost and prepaid assistance. Here are two very popular programs that first time homebuyers like to use, Florida Assist ( Florida Bond Money ) and H2H ( Headstart to Homeownership ). 
 

First let's discuss the Florida Assist down payment assistance program. 
Florida Assist ( Florida Bond Program )
As of 5/25/2014 the Florida Assist program is still going strong! This provides $10,000 in down payment and closing cost assistance for first time homebuyers. There are family and income guidelines such as a family of four may not earn more than $89,600 in order to receive the assistance in Jacksonville or Orange Park. The other restriction is that the purchaser must have at least a 640 credit score and be credit worthy. You may contact Julie Grandy with Watson Mortage to see if you qualify.
The Florida Assist program comes with a 30 year fixed interest rate. The rate is currently 4% for first time homebuyers in Jacksonville and Orange ... more

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