Down Payment Assistance Programs help you Buy a Home-Pasco County, FL

Mortgage and Lending
Pasco County wants you to obtain the American Dream of home ownership. The Board of County Commissioners has made available funds to help you with your down payment to buy a home for your family. MLO Jerry Ballentine, can help all Florida residents.

<!-- google_ad_section_start -->
PRLog (Press Release) - Mar. 13, 2013 - TAMPA, Fla. -- What kind of home can I buy?
Any type of home is eligible for this program, except for mobile or manufactured homes. Condominiums and townhouses are also eligible. Properties may be purchased anywhere within the County and all six cities. The maximum purchase price of an assisted home cannot exceed $240,000.

Who is eligible for this program?

Applicants who make less than 120% of the median income for the Tampa Bay area may apply for assistance. This is adjusted for family size. Currently, this is as follows:

Family Size:

1 Member: Very Low: $19,900 Low Income: $31,850 Mod. Income: $47,760

2 Members: Very Low: $22,750 Low Income: $36,400 Mod. Income: $54,600

3 Members: Very Low: $25,600 Low Income: $40,950 Mod. Income: $61,440

4 Members: Very Low: $28,400 Low Income: $45,450 Mod. Income: $68,160

5 Members: Very Low: $30,700 Low Income: $49,100 Mod. Income: $73,680

6 Members: Very Low: $32,950 Low Income: $52,750 Mod. Income: $79,080

You do not have to be a first-time home buyer to participate in this program, nor be a current Pasco County resident. You must attend a no cost County Homebuyer class in order to receive assistance.

How much County money can I borrow?
The amount of County funds that are available first depends on how much the financial institution is able to lend you and how much you can put down. There is a limit on how much can be lent, depending on your income level and type of home you are purchasing:

Very Low Income: $10,000
Low and Moderate Income: $5,000

This is a great program for prospective homebuyers who are a little short on the money needed to purchase a home. The money borrowed from the County is in the form of a 0% interest loan and has very affordable payment terms.

Pasco County also has other Down Payment Assistance programs available including up to $30,000 available for the purchase of one of their “NSP” homes. These homes have been completely renovated and are move in ready. They are located throughout the County and can be viewed by clicking on:

In order to apply for assistance, you must apply with an approved lender. Jerry Ballentine of Bay to Bay Lending is an approved lender who has helped dozens of his clients realize the American Dream of home ownership utilizing the Pasco County Down Payment Assistance programs. He can be reached via phone at 813-549-7867 (office), 727-919-6820 (mobile), or via email at For more information, visit Bay to Bay Lending on the web at

<!-- google_ad_section_start -->

Comments (0)