Florida Housing Program Highlights
STANDARD BOND
FHFC Florida Bond | At-A-Glance
AVAILABLE PROGRAMS | STANDARD BOND |
QUESTIONS | Questions about loan cancellation, reinstatement and how to clear flags on a cancelled loan. |
BULLETINS | Bulletins |
Elligible Area | Statewide |
Eligible Borrower(s) | See Guidelines |
Rates | See Chart |
DPA Available | See Chart |
Loan Type | See Chart |
Income and Purchase Price Limits | Bond Income and Purchase Price Limits |
80% AMI INCOME LIMITS | Conventional Loan 80% AMI Income Limits |
Timeline Requirements | 60 days from Reservation to Purchase |
Targeted Area Census tract Maps | Targeted Area Census Tract Maps |
Program GUIDELINES | Standard Bond Guidelines |
CHEAT SHEET | Bond vs TBA Cheat Sheet |
PARTICIPATING LENDERS | Participating Lenders |
eHP Process Origination to Loan Purchase | eHP Process Origination to Loan Purchase |
STANDARD TBA
FHFC TBA Program | At-A-Glance
AVAILBLE PROGRAMS | STANDARD TBA |
Questions | Questions about loan cancellation, reinstatement and how to clear flags on a cancelled loan. |
BULLETINS | Bulletins |
ELIGIBLE AREA | Entire state of FL |
Eligible Borrower(s) | See Guidelines |
Rates | See Chart |
DPA Available | See Chart |
Loan Type | See Chart |
INCOME AND LOAN LIMITS | TBA Income and Loan Limits |
80% AMI INCOME LIMITS | 80% AMI INCOME LIMITS |
Timeline Requirements | 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing. |
TARGETED AREA CENSUS TRACT MAPS | Targeted Area Census Tract Maps |
PROGRAM GUIDELINES | Standard TBA Guidelines |
CHEAT SHEET | TBA vs Bond Cheat Sheet |
PARTICIPATING LENDERS | Participating Lender |
eHP PROCESS ORIGINATION to LOAN PURCHASE | eHP Process Origination to Loan Purchase |
PLUS TBA
FHFC FL PLUS | At-A-Glance
AVAILABLE PROGRAMS | PLUS TBA |
QUESTIONS | Questions about loan cancellation, reinstatement and how to clear flags on a cancelled loan. |
BULLETINS | Bulletins |
Elligible Area | Entire State of Florida |
Eligible Borrower(s) | Eligible Borrowers |
Rates | See chart |
DPA Available | Assistance offered as five-year forgivable second mortgage Assistance amount is 3%, 4% or 5% of the total loan amount |
Loan Type | Fannie Mae HFA Preferred and Freddie Mac HFA Advantage. See chart for PLUS loan options |
INCOME AND LOAN LIMITS | TBA HLP and PLUS TBA Income and Loan Limits |
80% AMI INCOME LIMITS | 80% AMI INCOME LIMITS |
Timeline Requirements | 60 days from reservation (in eHPortal) to loan purchase by Lakeview |
Program Guidelines | PLUS TBA Guide |
CHEAT SHEET | TBA vs Bond Cheat Sheet |
PARTICIPATING LENDERS | Participating Lenders |
eHP Process Origination to Loan Purchase | eHP Process Origination to Loan Purchase |
HOMETOWN HEROES
FHFC Hometown Heroes | At-A-Glance
AVAILABLE PROGRAMS | HOMETOWN HEROES PROGRAM |
QUESTIONS | Questions about loan cancellation, reinstatement and how to clear flags on a cancelled loan. |
BULLETINS | Bulletins |
Eligible Area | Entire state of FL |
HTH ELIGIBLE BORROWER(S) | Read the Guidelines attached below |
Rates | See Chart |
DPA Available | 5% Of the TOTAL Loan Amount capped at $35,000, with a minimum of $10,000 in down payment and closing cost assistance. For example, borrowers with a loan amount of $200,000 or less would receive an automatic $10,000. |
Loan Type | See Chart |
HTH TBA Income and Loan Limits | HTH TBA Income & Loan Limits |
HTH Bond Income and Purchase Price Limits | HTH Bond Income & Purchase Price Limits |
80% AMI INCOME LIMITS | Conventional Loan 80% AMI Income Limits |
Timeline Requirements | 60 calendar days from loan reservation to loan purchase. Underwriter Certified anytime prior to closing. |
Homebuyer Education | Homebuyer Education |
Co-Signors | Co-Signors term Sheet |
MANUFACTURED HOUSING TERM SHEET | Manufacutured Housing Term Sheet |
203K TERM SHEET | 203K Term Sheet |
Targeted Area Census tract Maps | Target Area Census Tract Maps |
PROGRAM GUIDELINES | HTH Bond Guidelines |
PROGRAM GUIDELINES | HTH TBA Guidelines |
HTH TBA vs. Bond Cheat Sheet | HTH TBA vs. Bond Cheat Sheet |
HTH MASTER TERM SHEET | Master Term Sheet HTH Programs |
Borrower Certification | HTH Borrower Certification |
HTH Marketing Flyer | Lender Marketing Flyer 01 |
HTH Marketing Flyer | Lender Marketing Flyer 02 |
PARTICIPATING LENDERS | Participating Lenders |
eHP Process Origination to Loan Purchase | The Process - From HTH Loan Origination to Loan Purchase |
TERM SHEETS
FHFC Term Sheets
203K TERM SHEET | 203K Term Sheet |
Co-Signors | Co-Signors |
Homebuyer Education | Homebuyer Education |
MANUFACTURED HOUSING TERM SHEET | Manufactured Housing Term Sheet |
MASTER TERM SHEET | Master Term Sheets Standard Programs |
BULLETINS
FHFC Bulletins
BULLETINS | FHFC Email Archive |
Today’s Rates & Offerings [ Business Days 10am – 7pm ET ] October 28, 2024
Florida | Rates & Offerings
Hometown Heroes will be open today with $1 million available DPA funds | ||||||
Please note - Prior to locking ANY loans, the lender must have a FULLY EXECUTED Real Estate Contract on hand, otherwise the loan will NOT be purchased. | ||||||
STANDARD BOND | ||||||
Offering | FICO | DPA | Lock Rate | |||
FHA, USDA, VA |
640 | FL Assist $10k or FL HLP $10k | 6.000% | |||
Fannie Mae (HFA Preferred) <= 80% AMI or OVER 80% AMI |
640 | 7.000% | ||||
Freddie Mac (HFA Advantage) <= 80% AMI or OVER 80% AMI | 640 | 6.750% | ||||
STANDARD TBA | ||||||
Offering | FICO | DPA | Lock Rate | |||
FHA, VA |
640 | FL Assist $10k or FL HLP $10k | 6.750% | |||
Freddie Mac (HFA Advantage) <= 80% AMI |
640 | 7.125% | ||||
Freddie Mac (HFA Advantage) OVER 80% AMI |
640 | 7.375% | ||||
PLUS TBA | ||||||
Offering | FICO | DPA | Lock Rate | |||
Freddie Mac (HFA Advantage) <= 80% AMI |
640 | 3% | 7.375% | |||
4% | 7.750% | |||||
5% | 8.000% | |||||
Freddie Mac (HFA Advantage) OVER 80% AMI |
640 | 3% | 7.500% | |||
4% | 7.875% | |||||
5% | 8.125% | |||||
HOMETOWN HEROES TBA | ||||||
Offering | FICO | DPA | Lock Rate | |||
FHA, USDA, VA |
640 | 5% (min $10k, max $35k) | n/a | |||
Freddie Mac (HFA Advantage) <= 80% AMI |
n/a | |||||
Freddie Mac (HFA Advantage) OVER 80% AMI |
n/a | |||||
HOMETOWN HEROES BOND | ||||||
Offering | FICO | DPA | Lock Rate | |||
FHA, USDA, VA |
640 | 5% (min $10k, max $35k) | n/a | |||
Fannie Mae (HFA Preferred) <= 80% AMI or OVER 80% AMI |
n/a | |||||
Freddie Mac (HFA Advantage) <= 80% AMI or OVER 80% AMI |
n/a |
Standard Bond
FHFC Florida Bond | At-A-Glance
AVAILABLE PROGRAMS | STANDARD BOND |
QUESTIONS | Questions about loan cancellation, reinstatement and how to clear flags on a cancelled loan. |
BULLETINS | Bulletins |
Elligible Area | Statewide |
Eligible Borrower(s) | See Guidelines |
Rates | See Chart |
DPA Available | See Chart |
Loan Type | See Chart |
Income and Purchase Price Limits | Bond Income and Purchase Price Limits |
80% AMI INCOME LIMITS | Conventional Loan 80% AMI Income Limits |
Timeline Requirements | 60 days from Reservation to Purchase |
Targeted Area Census tract Maps | Targeted Area Census Tract Maps |
Program GUIDELINES | Standard Bond Guidelines |
CHEAT SHEET | Bond vs TBA Cheat Sheet |
PARTICIPATING LENDERS | Participating Lenders |
eHP Process Origination to Loan Purchase | eHP Process Origination to Loan Purchase |
STANDARD TBA
FHFC TBA Program | At-A-Glance
AVAILBLE PROGRAMS | STANDARD TBA |
Questions | Questions about loan cancellation, reinstatement and how to clear flags on a cancelled loan. |
BULLETINS | Bulletins |
ELIGIBLE AREA | Entire state of FL |
Eligible Borrower(s) | See Guidelines |
Rates | See Chart |
DPA Available | See Chart |
Loan Type | See Chart |
INCOME AND LOAN LIMITS | TBA Income and Loan Limits |
80% AMI INCOME LIMITS | 80% AMI INCOME LIMITS |
Timeline Requirements | 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing. |
TARGETED AREA CENSUS TRACT MAPS | Targeted Area Census Tract Maps |
PROGRAM GUIDELINES | Standard TBA Guidelines |
CHEAT SHEET | TBA vs Bond Cheat Sheet |
PARTICIPATING LENDERS | Participating Lender |
eHP PROCESS ORIGINATION to LOAN PURCHASE | eHP Process Origination to Loan Purchase |
Plus TBA
FHFC FL PLUS | At-A-Glance
AVAILABLE PROGRAMS | PLUS TBA |
QUESTIONS | Questions about loan cancellation, reinstatement and how to clear flags on a cancelled loan. |
BULLETINS | Bulletins |
Elligible Area | Entire State of Florida |
Eligible Borrower(s) | Eligible Borrowers |
Rates | See chart |
DPA Available | Assistance offered as five-year forgivable second mortgage Assistance amount is 3%, 4% or 5% of the total loan amount |
Loan Type | Fannie Mae HFA Preferred and Freddie Mac HFA Advantage. See chart for PLUS loan options |
INCOME AND LOAN LIMITS | TBA HLP and PLUS TBA Income and Loan Limits |
80% AMI INCOME LIMITS | 80% AMI INCOME LIMITS |
Timeline Requirements | 60 days from reservation (in eHPortal) to loan purchase by Lakeview |
Program Guidelines | PLUS TBA Guide |
CHEAT SHEET | TBA vs Bond Cheat Sheet |
PARTICIPATING LENDERS | Participating Lenders |
eHP Process Origination to Loan Purchase | eHP Process Origination to Loan Purchase |
Hometown Heroes
FHFC Hometown Heroes | At-A-Glance
AVAILABLE PROGRAMS | HOMETOWN HEROES PROGRAM |
QUESTIONS | Questions about loan cancellation, reinstatement and how to clear flags on a cancelled loan. |
BULLETINS | Bulletins |
Eligible Area | Entire state of FL |
HTH ELIGIBLE BORROWER(S) | Read the Guidelines attached below |
Rates | See Chart |
DPA Available | 5% Of the TOTAL Loan Amount capped at $35,000, with a minimum of $10,000 in down payment and closing cost assistance. For example, borrowers with a loan amount of $200,000 or less would receive an automatic $10,000. |
Loan Type | See Chart |
HTH TBA Income and Loan Limits | HTH TBA Income & Loan Limits |
HTH Bond Income and Purchase Price Limits | HTH Bond Income & Purchase Price Limits |
80% AMI INCOME LIMITS | Conventional Loan 80% AMI Income Limits |
Timeline Requirements | 60 calendar days from loan reservation to loan purchase. Underwriter Certified anytime prior to closing. |
Homebuyer Education | Homebuyer Education |
Co-Signors | Co-Signors term Sheet |
MANUFACTURED HOUSING TERM SHEET | Manufacutured Housing Term Sheet |
203K TERM SHEET | 203K Term Sheet |
Targeted Area Census tract Maps | Target Area Census Tract Maps |
PROGRAM GUIDELINES | HTH Bond Guidelines |
PROGRAM GUIDELINES | HTH TBA Guidelines |
HTH TBA vs. Bond Cheat Sheet | HTH TBA vs. Bond Cheat Sheet |
HTH MASTER TERM SHEET | Master Term Sheet HTH Programs |
Borrower Certification | HTH Borrower Certification |
HTH Marketing Flyer | Lender Marketing Flyer 01 |
HTH Marketing Flyer | Lender Marketing Flyer 02 |
PARTICIPATING LENDERS | Participating Lenders |
eHP Process Origination to Loan Purchase | The Process - From HTH Loan Origination to Loan Purchase |
Term Sheets
FHFC Term Sheets
203K TERM SHEET | 203K Term Sheet |
Co-Signors | Co-Signors |
Homebuyer Education | Homebuyer Education |
MANUFACTURED HOUSING TERM SHEET | Manufactured Housing Term Sheet |
MASTER TERM SHEET | Master Term Sheets Standard Programs |
Bulletins
FHFC Bulletins
BULLETINS | FHFC Email Archive |