Interested in purchasing a home but need help with your down payment?

Great News, Pinellas County Florida and the City of St Petersburg offer down payment and closing cost assistance programs for first time home buyers.

In determining the maximum amount of funds available to a buyer, the Pinellas County non-profit agencies calculate how much a borrower is qualified for based on several different pieces of information. Available assistance can be as high as $25,000 depending on the following requirements.

Here is a general overview of what these agencies use to determine if a borrower qualifies for the programs:

1. Borrower's and family must earn below 120% of the Median Income

2. Applicants must be eligible for an FHA, VA or conventional loan and meet all the qualifying requirements

3. Borrower must be a First Time Home Buyer which means the client must not have owned a home in the last three years

4. Debt ratios (how much income is coming in divided by how much debt is being paid monthly) must be within program guidelines

5. A required buyer education course must be completed before the close of the loan transaction

The down payment assistance programs offered to First Time Home Buyers through our local Pinellas housing authorities can make dreams come true for a renter who desires to become a homeowner.

If you are looking to purchase a home in Pinellas County and are interested in what down payment assistance programs you may qualify for, contact us today. We will walk you through the approval process every step of the way and lead you to home ownership in Pinellas County Florida.

We also offer down payment assistance in other counties such as Hillsborough, Pasco, Orange and Manatee.   Click Apply Here and see if you qualify to own your next home for little to no money down!