FHA DOWN PAYMENT ASSISTANCE
Turn “I Can’t” Into “I Closed.”
Pair an FHA loan with assistance toward your down payment or closing costs. A smart path for first‑time buyers.
Program Highlights
- Assistance toward down payment and/or closing costs
- Great for first-time buyers
- Access to local, state, and lender-sponsored options
- We’ll help you compare and qualify quickly
Who It’s For
- Buyers with limited cash on hand for closing
- Households meeting program income/area guidelines
- Primary residences across Florida
Assistance availability varies by county, income, and program funding. Subject to approval.
FHA Down Payment Assistance in Florida: Grants, Seconds, and Closing Help
Pairing FHA financing with down payment assistance (DPA) can convert “almost ready” into “offer accepted.” DPA programs may provide a grant, a forgivable second, or a deferred/low‑payment second to help cover the down payment and/or closing costs.
We maintain a working list of state, county, and lender‑sponsored assistance used by Central Florida buyers in Orlando, Windermere, Winter Park, and Tampa Bay, and we’ll quickly check eligibility and funding status.
Common Eligibility Factors
- Primary residence with FHA financing
- Household income within program limits
- Minimum credit score and homebuyer education (varies)
- Property located in an eligible county/census tract
How Assistance Is Structured
- Grants: True assistance that does not require repayment if guidelines are met.
- Forgivable Seconds: A 0% or low‑rate lien forgiven after a period (e.g., 3–10 years).
- Deferred Seconds: Repaid when you sell or refinance.
Layering FHA + Assistance Without Surprises
We model the total payment including FHA mortgage insurance and any assistance repayment terms so you know the true monthly cost. We’ll also compare scenarios against Conventional low‑down programs to confirm you’re picking the absolute best option.
How to Get Started
- Complete the 24‑hour pre‑check and indicate you want assistance.
- We verify income, credit, and county and shortlist programs that fit.
- Lock the FHA rate and reserve assistance while funds are available.
- We manage the additional DPA documentation so your closing stays on schedule.
FHA DPA FAQs
Can assistance cover closing costs? Many programs allow funds to be used for both down payment and eligible closing costs; we’ll verify the rules for your selection.
Will assistance slow my closing? It can add a few items to the checklist; our dedicated processing keeps timelines predictable.
Can I combine gift funds with DPA? Often yes—guidelines vary. We’ll structure the cleanest path.