Are you looking to refinance your real estate in Tampa, Florida? If so, you may be eligible for a variety of programs and grants that can help you with the process. The Florida Housing offers a range of down payment and closing cost assistance programs that can be beneficial for first-time homebuyers. Through participating lenders across the state, they offer a 30-year fixed-rate loan. If you're not sure which program is best for you, your lender or realtor can help you find the right one based on your finances and homebuying goals.
However, it's important to note that potential participants must not exceed 50% of the median household income (AMI) in the area where they wish to shop. Fannie Mae's 1% down payment program is another attractive option for first-time homebuyers. In addition to meeting the program's eligibility requirements, borrowers must make at least a 2% down payment on their own and live on the property for a minimum of 10 years. This program is managed by the Florida Housing and Finance Corporation (Florida Housing) and has the highest and most inclusive requirements of all Florida Housing down payment assistance programs. If you're looking for other homebuyer assistance programs in Florida, the Florida Housing Finance Corporation (FHFC) is a great place to start. They offer grants that can help essential community workers from 50 different professions with down payment and closing expenses to purchase a primary residence in the communities they serve. If you're looking to refinance your real estate in Tampa, Florida, there are several options available that can make the process easier.
From Florida Housing, Fannie Mae's 1% down payment program, and grants from the Florida Housing Finance Corporation (FHFC), there are plenty of resources available to help you get started. Be sure to research all of your options to find the best one for your needs.
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