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What Florida County has the Best Down Payment Assistance Program?

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What Florida County has the Best Down Payment Assistance Program?

According to Florida Down Payment Assistance the Florida counties that have the most lucrative and easiest guidelines for Down Payment Assistance programs.

PR Newswire

RIVERVIEW, Fla., Aug. 7, 2018 /PRNewswire-PRWeb/ -- Roger Lazzarino the author of - FloridaDownPaymentAssistance.com and Managing Broker of Mid Florida Realty says, "I think the most advantageous program with the least restrictions, the highest income limits and allows for the most financial help is the Lee County OWN a Home Opportunity Grant program."

This program is only available in the following Florida counties, Lee, Collier, Charlotte, Sarasota, Desoto, St Johns, Volusia, Palm Beach and Broward counties. Manatee County has a very similar program.

This Grant program allows from 2%-5% of the purchase price to be used for either the down payment and/or Closing Costs. The amount that you receive depends on your credit scores and if the loan is an FHA or a Conventional loan. This Grant is forgiven at the closing table.

For instance, if someone wanted to purchase a $225,000 primary residence, the forgivable grant might be as much as $11,250 and its forgiven when you close on the property.

"One of the nice things about this loan is that a buyer doesn't have to be a First Time Home Buyer to receive the grant. This program allows a Buyer to not only receive the down payment but also pays a good portion of the closing costs."

If you want to find out how you qualify for one of these programs call 863-800-1011.

 

SOURCE Mid Florida Realty

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