Buy a home in Baker County with help toward your down payment and closing costs. Florida Housing offers $10,000 Florida Assist, a $12,500 loan option, and conventional assistance of up to 5% of your loan amount.
*Verification of eligibility required.
Florida Housing homebuyer loans help eligible Baker County buyers finance a primary home and reduce their upfront costs.
Florida Assist
Up to $10,000 with a 0% deferred second mortgage. No monthly payments; the loan is not forgivable.
Florida Homeownership Loan
$12,500 at 3% interest over 30 years. This second mortgage has a monthly payment.
HFA Preferred & Advantage PLUS
3%, 4%, or 5% of your loan amount with an eligible conventional first mortgage. Forgiven 20% annually over five years.
A clear path from your mortgage review to your new home in Baker County.
An approved participating lender reviews your income, credit, and budget to match you with a Florida Housing mortgage.
Take an approved homebuyer education course and prepare your income, asset, and employment documents.
Compare Florida Assist, FL HLP, and conventional PLUS. Review the loan payment and repayment terms before choosing.
Your lender confirms property eligibility, reserves available program funds, and coordinates the assistance with your mortgage closing.
A down payment does not have to come entirely from your savings. Pairing an eligible mortgage with Florida Housing assistance can reduce the cash you need to buy a home in Baker County.
Apply approved assistance toward the down payment and closing costs on your primary home.
Compare deferred repayment, monthly-payment, and forgivable assistance options with your lender.
Know when assistance must be repaid and how a sale or refinance could affect your loan.
Answers for homebuyers in Baker County.
Florida Housing offers 30-year fixed-rate first mortgages with down payment and closing cost assistance for eligible Baker County buyers. Options include Florida Assist, FL HLP, and HFA Preferred or HFA Advantage PLUS.
Florida Assist offers up to $10,000. FL HLP offers $12,500. Conventional PLUS offers 3%, 4%, or 5% of the first mortgage loan amount. Your lender determines which option fits your mortgage and eligibility.
Florida Assist is a nonforgivable 0% loan with deferred repayment. FL HLP is a 3% loan repaid monthly over 30 years. PLUS assistance is forgiven 20% each year over five years when program conditions are met.
The full balance becomes due when you sell, transfer the home, refinance, pay off the first mortgage, or stop occupying the property as your primary residence.
No. These assistance options must be paired with an eligible Florida Housing first mortgage. PLUS is available only with the eligible conventional HFA Preferred for TBA or HFA Advantage for TBA mortgage.
Florida Housing lists a minimum credit score of 640 for its Homebuyer Loan Program. Your lender also reviews your debts, income, and the requirements of the mortgage you choose.
Limits depend on the first mortgage program and the county where you buy. Your participating lender checks the applicable Baker County limits against your income and purchase price.
Florida Housing generally requires that you have not owned and occupied a primary residence during the three years before purchase. Ask your participating lender whether a program exception applies to you.
Work with an approved Florida Housing lender, review your mortgage options, and complete approved homebuyer education. The lender handles the loan application and assistance reservation, subject to eligibility and funding.
No. This is a private mortgage inquiry with Next Wave Mortgage, LLC. Florida Housing assistance is processed through approved participating lenders, and an inquiry does not reserve funds or establish eligibility.
Start with your budget, compare the assistance options, and find out what you may qualify for. Your lender will review the loan terms, income limits, and available funding before closing.
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