Bootcamp For Buyers

First Time Homebuyer Programs in Florida

Florida provides several programs to help first-time homebuyers through the Florida Housing Finance Corporation (FHFC). These initiatives offer down payment assistance, affordable loan options, and other resources to support your homeownership journey.

Florida Assist (FL Assist)

The Florida Assist program provides financial support for down payment and closing costs.

  • Offers up to $10,000 in assistance as a deferred second mortgage.
  • No monthly payments required; repayment occurs only when you sell, refinance, or pay off the home.
  • Can be used alongside FHFC first mortgage programs.

Florida Homeownership Loan Program (FL HLP)

The FL HLP program offers a second mortgage to assist with upfront homebuying costs.

  • Provides $10,000 as a fully amortizing second mortgage.
  • Repayment is spread over 15 years with low monthly payments.
  • Minimum credit score of 640 required.

Salute Our Soldiers Program

The Salute Our Soldiers program is tailored for veterans and active-duty military personnel.

  • Offers reduced interest rates on 30-year fixed-rate loans.
  • Eligible for FHA, VA, and USDA loans.
  • Can be combined with down payment assistance programs like FL Assist.

Florida's first-time homebuyer programs are designed to make homeownership more affordable and accessible. Take advantage of these opportunities to secure your dream home in the Sunshine State.