State Program
Florida First Government and Conventional Loan Programs – Florida Housing Finance Program
The Florida First Government and Conventional Loan Programs is a housing assistance initiative tailored for eligible homebuyers and residents across Florida.
Program Details
The Florida First Government and Conventional Loan Programs helps increase homeownership accessibility through innovative financial tools, including grants, tax credits, mortgage options, and down payment assistance. It supports a wide range of residents in Florida, including low-income families, rural households, veterans, teachers, and first-time buyers.
These programs are managed by housing finance agencies, city-level initiatives, and nonprofit organizations. They foster equitable housing by addressing income disparities, housing shortages, and the rising cost of homeownership.
These programs are managed by housing finance agencies, city-level initiatives, and nonprofit organizations. They foster equitable housing by addressing income disparities, housing shortages, and the rising cost of homeownership.
Eligibility Requirements
- Must be a homebuyer in the state of Florida
- Must meet program-specific income, credit, and residency criteria
- First-time or repeat buyers may be eligible depending on the program
- Completion of an approved homebuyer education course may be required
- Property must typically be used as the borrower's primary residence
- Must meet program-specific income, credit, and residency criteria
- First-time or repeat buyers may be eligible depending on the program
- Completion of an approved homebuyer education course may be required
- Property must typically be used as the borrower's primary residence
Program Benefits
- Financial support for down payments and closing costs
- Access to below-market interest rates or tax savings
- Encourages long-term homeownership for underrepresented populations
- May include deferred, forgivable, or second mortgage options
- Expands access to affordable housing in urban and rural communities
- Access to below-market interest rates or tax savings
- Encourages long-term homeownership for underrepresented populations
- May include deferred, forgivable, or second mortgage options
- Expands access to affordable housing in urban and rural communities
How to Apply
1. Check eligibility and program fit via the official website or housing agency
2. Contact an approved lender or housing counselor for next steps
3. Complete financial review and required education programs
4. Submit your application with necessary documents
5. Receive approval and proceed with home purchase or refinance
2. Contact an approved lender or housing counselor for next steps
3. Complete financial review and required education programs
4. Submit your application with necessary documents
5. Receive approval and proceed with home purchase or refinance
Program Overview
Category
State Program
Official Program Website
Information about this program is provided as a resource and may be subject to change. Always verify details with the official program website.
Important Note
Program availability, terms, and requirements may vary by lender and location. Additionally, programs are subject to change based on policy updates and market conditions. Always consult with a mortgage professional for the most current information and to determine eligibility for specific programs.