First-Time Homebuyers
Get up to $15,000
Down Payment Assistance

First-Time homebuyers often need down payment assistance. Buying your first home can be challenging when you have not been able to save up enough money for the inspections, appraisal, down payment, and closing costs. It can seem overwhelming or even impossible. Fear Not my friend.


Now there is help for those that qualify!


Florida’s FHFC “Hardest Hit” Down Payment Assistance Bond Program. This program works great for first-time homebuyers that meet the minimum credit requirements and have reliable income. Take a look at the details below to see if this program might be a good fit for you.

2nd mortgage up to $15,00 in Duval County for down payment and closing costs on a primary-home.


0% interest with NO monthly payments and forgiven at a rate of 20% of the balance per year. Completely forgiven after 5 years if still residing in the property.


Paired with an FHA or Conventional 30-year fixed 1st mortgage.


Interest rates for the 1st loan are determined by the state and vary. Check with your lender for today’s rates.


Minimum 640 credit score.

Max. sales price:  $298,192.


Must be 1st time homebuyer (FHA:  no primary home ownership in past 3 yrs. by borrower or spouse;  Conventional:  no primary home ownership in the past 3 yrs. by borrower).


Household income limits apply;  FHA (uses entire household income of all family members ages 18+):  $69,176 for a 1-2 pers. household and $79,552 for a 3+ pers. household, and Conventional (borrower(s) on application only):  $90,860 total.


Borrower(s) cannot get any cash back at closing.

Think this down payment assistance program can help you buy the home of your dreams?

YOU Can Do This!

Talk with a MASH Realty Agent to Learn More
about how to buy a home using the Florida Bond Program!

Not quite ready to talk? No problem. We understand that your relationship with a realtor needs to be built on a solid foundation. Learn more about MASH Realty Services, LLC and our agents by surfing our site. We are glad you stopped by. Give us a call when you are ready to put us to work for you.