HHF for Locals Program

HHF for Locals Program

HHF for Locals Program is provided by a special collaboration between Florida Housing Finance Corporation,  and the Housing Finance Authority of Hillsborough County, the Housing Finance Authority of Pinellas County and the Orange County Housing Finance AuthorityHHF for Locals Program will require the two separate reservations, one for the first mortgage and one for the HHF down payment assistance second.  Please note that the HHF for Locals Program is not the existing programs.

Reservation 1 – the first mortgage loan
Lender Portal
*
(this is a first mortgage reservation)
Reservation  2 – the DPA second mortgage loan
Lender Portal
*
(this is the DPA  second Mortgage reservation. View Instructions)
ADMINISTRATOR GUIDELINES
Reservation 1 – the first mortgage loan Reservation  2 – the DPA second mortgage loan

HHF for Locals Program – Current Rate/Offerings

Rate/Offerings Lock Rate DPA Effective Date
       GOVERNMENT
FHA, USDA-RD, VA 4.75% Hardest Hit Funds HHF up to $15,000** 8/1
** 0%, 5 year, deferred loan, forgiven at the rate of 20% per year
  • Min FICO requirement as per each of the first mortgage programs
  • 30 Year Amortizing
  • cash back is not allowed

HHF for Locals Program is only for approved lenders in the current:

  • HFA of Hillsborough County Program
  • HFA of Pinellas County Program
  • Orange County HFA Program

Please note.

  • Your company is NOT eligible for the HHF for Locals Program if you are approved in Florida Housing Programs but you are NOT approved  in Hillsborough or Pinellas or Orange.
  • Your company is NOT eligible for all three HHF for Locals Program (Hillsborough, Pinellas, Orange). You are only eligible to use the one(s) your company is approved in.  If you need assistance determining this, we suggest you attend program training (Hillsborough, Pinellas, Orange).
  • Your company is eligible for HHF for Locals Program if your company is NOT a participant in Florida Housing Programs but is with Hillsborough or Pinellas or Orange.

EhousingPlus University

eHP Lender Program Training – PREREQUISITE

In order to use the HHF for Locals Program, you need to have attended the existing program training in the program where the loan will be originated.

    • HFA of Hillsborough County Program
    • HFA of Pinellas County Program
    • Orange County HFA Program