Real Estate, Then and Now

Looking for a strategy to make purchasing your first home a little bit easier? The Florida Bond Program will allow first time homebuyers to secure a range of diverse home loans (FHA, USDA, VA, or Conventional) ranging from 95% to 100% loan-to-value ratio. Which means that many homebuyers will be able to acquire low interest financing through the Florida Bond Program, whilst putting little to no cash down in advance. Down payment proportions for the various eligible loans are listed below: VA - 0% down Conventional - 3% or 5% down USDA - 0% down FHA - 3.5% down Who Is approved as a First-Time Home Buyer? Contrary to what many think, this doesn’t have to be your first home purchase to be considered a first-time home buyer. As long as you have not owned and occupied a primary residence in the previous three years, you are eligible for the Florida Bond Program as a first-time buyer. Down Payment Assistance The Florida Bond Program delivers down payment assistance for first t