First-Time Homebuyer in Florida

What counts as a first-time homebuyer?

You're considered a first-time homebuyer if you haven't owned a primary residence in the past 3 years. Even if you owned before, you may still qualify for first-time buyer programs. Displaced homemakers and single parents may also qualify regardless of prior ownership.

Florida first-time homebuyer programs

• Florida Assist — up to $7,500 in zero-interest second mortgage for down payment and closing costs (forgiven at 20%)
• HFA Preferred Conventional — reduced mortgage insurance and competitive rates
• FHA+ Florida HFA — lower mortgage insurance premiums for FHA buyers
• Florida Hometown Heroes — up to $25,000 for community workforce (teachers, nurses, first responders, etc.)
• SAIL (State Apartment Incentive Loan) — for very low to moderate income buyers
• Local SHIP programs — each county has its own down payment assistance fund

We stack every program you qualify for. Many buyers end up bringing less than $1,000 to closing.

How much do I need to save?

With down payment assistance, many first-time buyers bring less than $1,000 to closing. Without assistance: 3% down on a $300,000 home = $9,000. FHA: 3.5% = $10,500. VA: $0. We'll show you exactly what you need based on your target price range.

Free first-time homebuyer seminar

Every month we host a free seminar covering the full buying process: credit, pre-approval, down payment programs, making an offer, and closing. You'll leave knowing exactly what to do next. Register here — it's free.