Top 3 first-time home buyer mistakes
Don’t make these common first-time home buyer mistakes. It could cost you thousands and we see them made everyday.
Florida County By County Downpayment Assistance Information
Orange County, FL
- Cannot have owned a home in last 3 years
- Minimum credit score of 640
- Residency in Orlando metro area in last 12 months
- Provide $1,000 or 1.75% of the purchase price, whichever is higher
- Income cannot exceed Orange County program limits
Seminole County, FL
- Cannot have owned a home in last 3 years
- Minimum credit score of 640
- You must have a purchase contract on a home located in Seminole County
- Assistance cannot exceed $50,000
- You must be a legal U.S. resident
- Income cannot exceed Seminole County program limits
Volusia County, FL
- Cannot have owned a home in last 3 years
- Minimum credit score of 640
- Total assistance cannot exceed $25,000
- Closing cost assistance cannot exceed $3,000
- You must be a legal U.S. resident
- Income cannot exceed Volusia County program limits
Florida FHA Guidelines Made Simple
Florida Home Funding’s FHA loan expert breaks down what you need to know about Florida FHA guidelines in less than a minute.
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