First-Time Homebuyer Program available to homebuyers | News

Pinellas County, Florida -- If a new home is on your wish list for the holidays, Pinellas County may be able to make it easier. The First-Time Homebuyer Program is available to those who have never owned a home, have not owned a home in the last three years or are veterans. 

The rate for the Home Key 1st Mortgage is currently at 3.50 percent and is available to qualified first-time homebuyers in Pinellas, Pasco and Polk counties.  If you need help with down payment and/or closing costs, the Home Key Plus 2nd Mortgage can help with up to $8,000. 

To qualify for these programs, buyers must meet certain income requirements, have a minimum credit score of 640 and take a required homebuyer education class. 

“Many folks may be considering a new home for the holidays and there is a great variety of homes available,” said Anthony M. Jones, executive director of the Housing Finance Authority. “The low-interest rate along with down-payment and closing-cost assistance provides residents with increased opportunities to become homeowners.”

For more information, visit www.pinellascounty.org/community/hfa, or call (800) 806-5154 or (727) 464-8210.

Info courtesy Pinellas County Government.