Escambia County HFA

Escambia County HFA – Big Splash SF (Multi-County) Program 

Note – for details, see the Administrator’s Guidelines under GUIDE & FORMS

PROGRAM FUNDS Continuous Funding
ELIGIBLE AREAS Alachua, Bradford, Escambia, Gadsden, Indian River, Leon, Marion, Martin, Okaloosa, Santa Rosa, St. Lucie, Wakulla and Walton counties.
  • First-time Homebuyers – Applies to All Borrower(s) & Spouses (occupant or non-occupant)
  • Must be able to permanently reside in the U.S.
  • Principal residence
  • Borrower(s) must occupy property within 60 days of closing
  • IRS filed returns for past 3 yrs – all borrower(s) & spouses
LOAN TIME LINE REQUIREMENTS Please DO NOT Reserve early.  Should be qualified prior to reservation.

  • Reservation to Underwriter Certification – 20 days (can’t extend)
  • Reservation to Closed & Delivered First Mortgage Loan – 40 days (can’t extend)
  • Reservation to Exceptions Cleared & First Mortgage Loan Purchased – 60 days
  • See Rate Tab for details
  • up to 7,500
  • Household income is considered for ALL Borrower(s) , spouses and anyone 18 years or older
  • Income Limits are by county, household size and by Target/Non-Target.
  • see guidelines
  • Home Acquisition (purchase  price) limits are by county and by Target/Non-Target.
  • see guidelines
  • not required
  • Mid score must be 640 or higher
  • DTI Requirement is 45%
  • no manual UW
  • Co-signers are permitted for FHA loans.  Follow FHA guidelines.
  • Co-Signers cannot be named on the Warranty Deed.
  • Lenders are approved by both US Bank and ECHFA. Once your Company is approved, your Company name will be listed in the Approved Lender TAB  and given access to the Program. Everyone associated with the program must attend Program and System Training. For information on how your company can participate in this program, Click hereDownload Brochure
  • Program Forms are available on-line and automated.  After you login to Lender Portal, click on FORMS
  • See guidelines
  • Provides information and training concerning the mortgage loan file, acceptable loan products, delivery and funding, reviews/purchases the mortgage file
  • Servicer Lender Guides, Click here
  • If you need assistance with the Servicer Lender Guides or  to contact the US Bank Lender Help Desk, Click here.
  • A one-time extensions of up to 20 days must be request prior to expiration at 60 days.
  • Extension Request, Click here


Current Rate/Offerings  

 Rate/Offerings FICO Lock Rate DPA Effective Date
FHA, USDA-RD, VA  640 4.375% up to 7,500 7/10


  • 1% Origination Fee or Discount Point (any combination not exceeding 1%, paid by buyer or seller)
  • Term: 30 Year Amortizing
  • manufactured homes not allowed
  • manual UW not allowed
  • min FICO 640


  • up to 7,500
  • 30 Year Deferred loan for Down Payment and/or Closing Costs Assistance.
  • Must be used for Down Payment and Closing Costs.
  • Cash back is NOT allowed.  (zero)


eHousingPlus is the Program Administrator, and provides some of the following services:

        Administrator Guidelines (5/22)      Guidelines 4/22 , 6/9, 7/2      

  • Provides the web-based program loan reservation and management system, Administrator’s Guidelines, Program forms, Lender Program and System Training, Notices and updates to Lenders, Compliance Support to Lenders, Reviews Compliance Files, Timelines, Works with the Agency and Master Servicer on Program Goals.
  • Need help, Click here



The following is a list of Approved Lenders (both U S Bank & ECHFA) and have attended Program Training:

  • Alarion Bank
  • American Eagle of Ohio LLC
  • American Mortgage Service Company
  • Capital City Bank
  • Centennial Bank
  • DHI Mortgage
  • Everett Financial, Inc. , dba Supreme Lending
  • Fairway Independent Mortgage
  • FBC Mortgage, LLC
  • FBT Mortgage LLC
  • Fidelity Bank
  • First Federal Bank
  • Goldwater Bank, N.A.
  • GSF Mortgage Corporation
  • Hamilton Group Funding
  • Hancock Bank (Whitney)
  • HeritageBank of the South
  • Hometrust Mortgage Company d/b/a Home Mortgage of America, Inc.
  • Movement Mortgage, LLC.
  • On Q Financial
  • Premier Nationwide Lending (NTFN, Inc.)
  • Primary Residential Mortgage
  • PrimeLending
  • Shelter Mortgage
  • Synovus Mortgage Corporation
  • Trustmark National Bank
  • University Lending Group
  • Waterstone Mortgage Corporation

Interested in becoming a participating lender?  Contact us.

Program Updates
  • 5/15-for new loan reservations, second mortgages are exempt from intangible tax.
  • 4/3- FHA FICO requirement is 640 with loans reserved on after 4/3
  • 5/18/2017 – revised income & acquisition limits.  effective 6/15 – please see guidelines
  • 12/1- MANUFACTURED HOMES are eliminated (eff 12/1 reservations)
    12/1- FHA – no manual underwriting (eff 12/1 reservations)
    12/1- Min FICO is 660 (eff 12/1 reservations)


EhousingPlus University

  1. eHP Lender Program Training
    • Required for everyone participating in the program
    • offered 24/7
    • Click here to attend Program training
  2. eHP System Training*
    • After you complete the online Lender Program Training, information is provided as to what happens next.
    • Click here to register for system training


Should you have any questions on training, please contact

To read more about eHP Program Training, click here.

* System Training is required at least once, so that users gain the knowledge necessary to originate and manage their loans on-line. eHP University provides additional opportunities to re-train and/or refresh your system knowledge. Recurring (experienced) system users do not need to attend system training.