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Gadsden County Florida Home Buyer Assistance Program Process and Time Line

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Mortgage and Lending

Gadsden 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(2)

Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Seems easy enough - famous last words. How much is the assistance amount?

Jun 06, 2011 12:54 AM
Jim Poole
Tampa, FL
Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans

Up to $5,000 in the areas I have dealt with in the past

Jun 09, 2011 02:30 AM