So, you have contemplated thinking about maybe possibly looking into the option of considering potentially purchasing a house, sorta kinda…. Maybe. Usually in instances such as this, the potential home buyer delays for one major reason – the down payment. We have written a few articles speaking about different options for programs available to many families. One about general programs available, and another about programs specific to Central Florida. However, we wanted to discuss one option that does not originate with your lender or the government – receiving a down payment gift. Some families may not have this option available to them, but for those that do, this article is for you!
Down Payment Assistance
Down Payment Assistance Program
As an update to a previous article about different down payment assistance programs available to home buyers here, we wanted to share one specific to Central Florida. This particular program is called the “Florida Hardest Hit Fund Down Payment Assistance Program” and may provide up to $15,000 to homebuyers in the Central Florida area.
Down Payment Assistance Programs
“Do I qualify for down payment assistance?”
We hear this question about down payment assistance quite often, and while we would love to provide a straight answer, one does not exist. So we want to focus on shedding a little light on this extremely common question. Since the question itself does not have a direct answer, we will point you in the direction of the right questions to ask, and the right people to ask.