Florida’s HOP program
For a brief overview of the program, please see my first posting
Homebuyer Loan Process:
Keeping it simple, keeps you happy!
1. Contact a HOP educated REALTOR and Lender to assist you with your homebuying process
2. Once construction on the Unit has begun, Members (HOP builders) will reserve your homebuyer financing (provided on a loan-by-loan basis) by providing the required date of foundation inspection on the HOP Homebuyer Reservation (“HOPRES201 (5/01/08”) - for more information, please see http://www.floridahousing.org/Home/Developers/HomeownershipPrograms/HOP.
3. Within fourteen (14) Calendar Days of making the reservation, Members (HOP Builders) must submit a copy of the building permit and the completed Environmental Checklist (“HOPENV301 (5/1/08”) must be approved (which is available here) or the reservation will be cancelled.
4. Available funds can only be reserved for a maximum of one hundred eighty (180) Calendar Days. If funds are not drawn within that period, they will be cancelled and the Builder must submit a new reservation.
5. For more information on the process, please go to the Florida Housing Finance Corporation Website.
Requirements for Building Eligibility:
Additional Building Requirements:
Eligible Homebuyer Requirements:
Homebuyer Loan Process:
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