Down Payment Assistance

Florida Capital Bank  //  Down Payment Assistance

Community Partners Product*

Community Partners Product provides up to $15,000 in home purchase assistance to current or retired law enforcement officers, 教育工作者, 卫生保健工作者, 消防队员, and other first responders; veterans and active-duty members of the military or their surviving spouse; and COVID-related essential workers. Funding is available to both first-time homebuyers and non-first-time homebuyers that meet product eligibility requirements.

产品亮点:

  • Maximum funding per household is $15,000
  • The homebuyer must contribute at least $1,000
  • Eligible for primary residence purchases
  • Grant funds can be used for down payment and closing costs
  • 适用入息限制
  • Homebuyer education course required

Eligible homebuyers include:

  • Current and retired law enforcement officers
  • 教育工作者
  • 卫生保健工作者
  • Firefighters and other first responders
  • Veterans and active-duty members of the military or their surviving spouse
  • COVID-related essential workers

First-Time Homebuyer Product*

First-Time Homebuyers Product provides up to $12,首付款500元, 借款手续费, and principal reduction assistance for the purchase of a home by a first-time homebuyer. Homebuyers must meet product eligibility requirements and apply for funding through a participating member financial institution.

产品亮点:

  • Maximum funding per household is $12,500
  • The homebuyer must contribute at least $1,000
  • Grant funds can be used for down payment and closing costs
  • Must be primary residence with forgivable loan options after 5 years
  • Homebuyer counseling required
  • Household income limits may apply

Eligible homebuyers include:

  • First-time homebuyers
  • A single parent who owned a home with a former spouse

Please contact one of our loan officers to determine if you are eligible for one of our Down Payment Assistance (DPA) Programs and to begin your application process.

 

*Community Partners Program and the First-Time Homebuyer Program are products of the Federal Home Loan Bank of Atlanta. Household income restrictions and other requirements apply. Please see Federal Home Loan Bank of Atlanta’s Affordable Housing Program Implementation Plan at www.fhlbatl.com for complete product requirements.