One of the biggest obstacles first time home-buyers face is coming up with a down payment. FHA loans are available with a down payment of 3.5% for borrowers with a credit score of 580 or above (http://www.fha.com/fha_credit_requirements) but often that can be a burden for singles or young families facing high rental costs.
The floridahousing.org First Time Homebuyer Program
The First Time Homebuyer Program makes purchasing a home more affordable for low-to-moderate income families and individuals by offering fixed, low-interest rate mortgage loans. In addition, Florida Housing also offers down payment and closing costs assistance to eligible borrowers, which can greatly reduce the out of pocket expense to the buyer. For more information Click Here
If you would like more information about this or other program please call or email me and I will be happy to discuss further. (941) 544-6829 firstname.lastname@example.org