HFA of Miami-Dade County
HFA of Miami-Dade County | At-A-Glance
AVAILABLE PROGRAMS
HFA of Miami-Dade County Single Family Program
QUESTIONS
Questions
ELLIGIBLE AREA
All of Miami-Dade County.
ELIGIBLE BORROWER(S)
First-Time Buyer Requirement (Borrower and Spouse)
RATES
See Chart
DPA AVAILABLE
See Chart
LOAN TYPE
See Chart
INCOME LIMITS & SALES PRICE LIMITS
Income & Sales Price Limits
TIMELINE REQUIREMENTS
60 days from Reservation to Loan Purchase. Underwriter Certification within 15 days of reservation.
HOMEBUYER EDUCATION
Homebuyer Education
CO-SIGNORS
Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest.
TARGETED AREA CENSUS TRACTS
Targeted Area Census Tracts
PROGRAM GUIDELINES
Single Family and MCC Guidelines
PARTICIPATING LENDERS
Participating Lenders
MCC
Miami-Dade County MCC | At-A-Glance
AVAILABLE PROGRAMS
HFA of Miami-Dade County MCC Program
ELLIGIBLE AREA
Miami-Dade County, FL
ELIGIBLE BORROWER(S)
First-Time Buyer Requirement (Borrower and Spouse)
RATES
See Chart
DPA AVAILABLE
See Chart
LOAN TYPE
See Chart
INCOME LIMITS & SALES PRICE LIMITS
Income & Sales Price Limits
TIMELINE REQUIREMENTS
Underwriter Certified within 15 days of loan reservation. Delivered to eHousingPlus within 10 days of closing.
HOMEBUYER EDUCATION
Homebuyer Education
CO-SIGNORS
Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest.
TARGETED AREA CENSUS TRACT
Targeted Area Census Tracts
PROGRAM GUIDELINES
MCC & Single Family Guidelines
PARTICIPATING LENDERS
Participating Lenders
Today’s Rates & Offerings
HFA of Miami-Dade County | Rates & Offerings
| Government (w/second) | ||||
| Offering | FICO | DPA | Lock Rate | |
| FHA | 660 | up to 15,000 | 7.125% | |
| VA, USDA | 640 | up to 15,000 | 7.125% | |
| Conventional (w/second) | ||||
| Offering | FICO | DPA | Lock Rate | |
| Fannie Mae and Freddie Mac <= 80% AMI | 640 | up to 15,000 | 7.375% | |
| Freddie Mac (HFA Advantage) OVER 80% AMI | 640 | up to 15,000 | 7.375% | |
HFA of Miami-Dade County
HFA of Miami-Dade County | At-A-Glance
AVAILABLE PROGRAMS
HFA of Miami-Dade County Single Family Program
QUESTIONS
Questions
ELLIGIBLE AREA
All of Miami-Dade County.
ELIGIBLE BORROWER(S)
First-Time Buyer Requirement (Borrower and Spouse)
RATES
See Chart
DPA AVAILABLE
See Chart
LOAN TYPE
See Chart
INCOME LIMITS & SALES PRICE LIMITS
Income & Sales Price Limits
TIMELINE REQUIREMENTS
60 days from Reservation to Loan Purchase. Underwriter Certification within 15 days of reservation.
HOMEBUYER EDUCATION
Homebuyer Education
CO-SIGNORS
Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest.
TARGETED AREA CENSUS TRACTS
Targeted Area Census Tracts
PROGRAM GUIDELINES
Single Family and MCC Guidelines
PARTICIPATING LENDERS
Participating Lenders
MCC
Miami-Dade County MCC | At-A-Glance
AVAILABLE PROGRAMS
HFA of Miami-Dade County MCC Program
ELLIGIBLE AREA
Miami-Dade County, FL
ELIGIBLE BORROWER(S)
First-Time Buyer Requirement (Borrower and Spouse)
RATES
See Chart
DPA AVAILABLE
See Chart
LOAN TYPE
See Chart
INCOME LIMITS & SALES PRICE LIMITS
Income & Sales Price Limits
TIMELINE REQUIREMENTS
Underwriter Certified within 15 days of loan reservation. Delivered to eHousingPlus within 10 days of closing.
HOMEBUYER EDUCATION
Homebuyer Education
CO-SIGNORS
Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest.
TARGETED AREA CENSUS TRACT
Targeted Area Census Tracts
PROGRAM GUIDELINES
MCC & Single Family Guidelines
PARTICIPATING LENDERS
Participating Lenders