Tuesday, February 23, 2010

Jacksonville Housing Offers Financial Assistance to Families in Need

Families in need of financial assistance to buy homes may now be eligible for $15 million in Single Family Mortgage Revenue bonds issued by the Jacksonville Housing Finance Authority.

The bonds will be used to provide low-interest mortgage financing and possible funding assistance with down payments or closing costs to Jacksonville families.

To qualify for this program, you must meet specific income guidelines and standard credit underwriting requirements. The home must be a primary residence and located in Duval County, and the buyer must be a first-time home buyer (has not owned a principal residence in the past three years), an honorably-discharged veteran (First Key Home Loan Program only) or persons refinancing a predatory loan product.

No comments:

Post a Comment