Florida Home Buyer
1% Down Payment Assistance Program
About Florida’s Home Buyer Solution Gift Program
- The Florida’s Home Buyer Solution Gift Program is only available through The Lending Company.
- The gift program can provide up to 2.5% of the home’s purchase price for down payment and closing costs.
- The buyer’s cost could be as low as 1%.
- You are under no obligation to repay money from the gift program.
- Competetive interest rates.
- Flexible loan guidelines.
- Not limited to first-time home buyers.
- The seller is encouraged to contribute up to 3% towards closing costs and other prepaid items.
- The gift program is not limited to foreclosures or vacant properties.
- Homes or condos purchased with the program must be 1 to 4 families, HUD approved, and owner occupied.
- The gift program will not run out of funding like city and state stimulus programs.
- Borrowers must have a minimum 640 credit score.
- Income limitations may apply. Check with the loan officer for more information.
- Non-occupant co-borrowers are allowed.
For more information on the Florida’s Home Buyer Solution Gift Program, please fill out the form below: