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How Do I Qualify for Downpayment Assistance for First Time Home Buyers in Orange County, FL?

As of 2018, to qualify for Orange County, Florida’s Downpayment Assistance Program for First Time Home Buyers, you must meet all of the following criteria:

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What Properties are Eligible for Orange County, FL Downpayment Assistance?

  • The maximum sale price, regardless of the property type, cannot exceed $214,000
  • Single family homes are eligible
  • Condominiums are eligible
  • Modular homes located in Orange County but beyond the city limits of Orlando, FL are eligible
  • Mobile homes are not eligible for downpayment assistance

What Conditions are Placed on Downpayment Assistance in Orange County, FL?

  • Assistance cannot exceed $30,000
  • Home buyers must attend both a pre-purchase and post-purchase home buyer seminar
  • In Orange County, Downpayment Assistance must be repaid if the property is, at any point, not occupied by the borrower during the period of the lien, including if the property is sold, rented or refinanced

What are the Income Guidelines for Downpayment Assistance in Orange County FL?

Household Size
Very Low

50% of Median Income

Low

80% of Median Income

Moderate

120% of Median Income

1

$22,400

$35,800

$53,760

2

$25,600

$40,900

$61,440

3

$28,800

$46,000

$69,120

4

$31,950

$51,100

$76,680

5

$34,550

$55,200

$82,920

6

$37,100

$59,300

$89,040

7

$39,650

$63,400

$95,160

8

$42,200

$67,500

$101,280