So as we fully kick into gear 2019 in this ever changing real estate world; a new U.S. News & World Report shows that Florida has many programs to help first-time homebuyers.
The Sunshine state in some cases even offers some programs for non-first time homebuyers as long as someone hasn’t owned a home within the past three years.
There are three broad categories of aid for first-time buyers: home loan programs, some type of financial help to allow them to take out a mortgage, and buyer education programs that can teach them the basics of homeownership and help them understand the other aid packages available.
Many buyers and industry experts understand the national programs that can help first-timers – Federal Housing Administration (FHA) loans, Veteran Affairs (VA) loans and other programs – but the state also has the Florida Housing Finance Corporation (Florida Housing) that the Florida Legislature created to help provide affordable housing options statewide.
Florida Housing offers programs to provide provide assistance to eligible homebuyers by offering low-cost, 30-year, fixed-rate mortgages together with downpayment and closing cost assistance. For more info contact us at firstname.lastname@example.org.