Miami-Dade HFA

Miami-Dade HFA – Single Family & MCC Programs 

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

  • Program offers three options.
    1. First Mortgage Program with DPA with MCC
    2. First Mortgage Program with DPA
    3. MCC Program
  • First Mortgage Program’s allocation – revolving funds
  • MCC Program – 20 mill
LOAN TIME LINE REQUIREMENTS Please DO NOT Reserve early.  Should be qualified prior to reservation.

  • Reservation to UW Cert: 15 days
  • Reservation to Loan Purchase: 60 days
  • Miami-Dade County
  • First-time Homebuyers
  • 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
  • Government – FHA, VA, USDA-RD
  • Conventional
    • Fannie Mae HFA  Preferred  
    • Freddie Mac HFA Advantage
  • up to 15,000
  • Must be used for Down Payment and Closing Costs.
  • Cash back is NOT allowed.
  • see guideines.  (1003 credit income if not using the MCC & household income if using the MCC)
  • see guidelines
  • Required for all named on the Warranty Deed.  View Homebuyer Education Providers.
  • FICO – See Guidelines
  • Max DTI – See Guidelines
  • no manual UW
  • Follow Agency Guidelines (FHA, VA, USDA, Fannie Mae, Freddie Mac).  Cannot be named on the Warranty Deed
  • See Administrator’s Guidelines
  • Online, once logged in to eHP system: See Forms and Guidelines
  • Subject to Fee
  • Issues the First Mortgage Program and Down Payment Assistance Program
  • Sets the rate, term, points and DPA options
  • Lender relationships, Participation, Approval
  • Markets the Program
  • Agency Web
  • 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.


Current Rate/Offerings
Rate/Offerings DPA / Second Lock Rate  Min FICO Effective Date
Government (FHA,VA, USDA) up to 15,000 4.875% 660 3/27
Fannie Mae HFA Preferred  up to 15,000 5.25% 640 2/16
Freddie Mac HFA Advantage  up to 15,000 5.25% 640 2/16


  • 1.00% origination or discount or combination of both but in total not to exceed 1.00%
  • Term: 30 Year Amortizing
  • manufactured homes not allowed
  • manual UW not allowed on GOV 
  • DPA Up to $15,000 DPA/Closing costs
    • 0%, 30 Year Deferred
    • Cash back is not permitted (see guidelines).  Please reduce the DPA amount



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

            Administrator Guidelines    (7/20)   Administrator's Guidelines 3/25 7/1

  • 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 Lenders have been approved to originate loans in this Program:

  • Academy Mortgage Corporation
  • American Bancshares Mortgage LLC
  • American Financial Network
  • Centennial Bank
  • CenterState Bank of Florida, N.A.
  • Cornerstone Home Lending, Inc.
  • DHI Mortgage
  • Eagle Home Mortgage, LLC.
  • Fairway Independent Mortgage Corporation
  • First Equity Mortgage Bankers, Inc. ( FEMBI)
  • GSF Mortgage Corporation
  • Hamilton Group
  • Home Financing Center
  • HG Mortgage (only MCC Program)
  •, LLC
  • Nations Lending Corporation
  • Open Mortgage
  • Pacific Union Financial
  • Paramount Residential Mortgage
  • Shelter Mortgage
  • Sierra Pacific Mortgage Company, Inc.
  • Stearns Lending, LLC

Interested in becoming a participating lender?  Contact us.

Program Updates
  • 7/20- updated income & Acquisition limits
  • 2/21/2017- DPA is increased to 15,000.  Timeline revised. Extension fee is 500
  • 5/11 – revised income & acquisition limits.  effective 6/14 – 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 on Gov (eff 12/1 reservations)
  • 10/1- Freddie Mac

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.