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Bond Loan
Up to $25,000 Down Payment & Closing Cost
Assistance is available through the Florida
Housing Bond Loan Program for First Time Homebuyers.
The maximum purchase price in Duval County is
$247,500.
The assistance will be in the form of a non-amortizing
(no monthly payments) 2nd mortgage, at 0 percent,
for 9 years. The amount borrowed is forgiven
after 9 years. If property is sold or transferred
before the 9 years, the original balance of
the loan amount becomes due in full.
Call The Webb Team at 1-877-845-6080 for a
list of participating lenders.
H2H (Head start to Homeownership)
Up to $14,999 Down Payment & Closing Cost
Assistance is available through the Jacksonville
Housing Commission. In order to qualify for
this program, the applicant’s total gross
household income cannot exceed 80 percent of
the area median income for Duval County. Applicants
must have a minimum down payment of $500. The
maximum purchase price for Duval County is $200,160.
The assistance will be in the form of a non-amortizing
(no monthly payments) 2nd mortgage at 0 percent
interest, for 15 years. The amount borrowed
is forgiven after 15 years. If property is sold
or transferred before the 15 years, the original
balance of the loan amount becomes due in full.
Call The Webb Team at 1-877-845-6080 for an
application and a list of participating lenders.
HOUSING PARTNERSHIP OF NORTHEAST FLORIDA,
INC.
The Housing Partnership receives SHIP funds
from the city’s Housing Services Division
to administer its Home Buyer’s club down
payment assistance program. Up to $14,999 is
available. The applicant’s total gross
household income cannot exceed 120 percent of
the area median income for Duval County. Applicants
must have a minimum down payment of $500.00.
The maximum purchase price for Duval County
is $247,500.
The assistance will be in the form of a non-amortizing
(no monthly payments) 2nd mortgage at 0 percent
interest, for 15 years. The amount borrowed
is forgiven after 15 years. If property is sold
or transferred before the 15 years, the original
balance of the loan amount becomes due in full.
Call The Webb Team at 1-877-845-6080 for an
application and a list of participating lenders.
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