Escambia Program Highlights

Big Splash-Freddie Mac Loans

Escambia Big Splash | At-A-Glance

AVAILABLE PROGRAMS Escambia HFA Big Splash TBA
QUESTIONS Questions
ELLIGIBLE AREA Eligible Areas
ELIGIBLE BORROWER(S) First-Time Buyer Requirement (Borrower and Spouse)
RATES See Chart
DPA AVAILABLE See Chart
LOAN TYPE Freddie Mac HFA Advanatage
INCOME LIMITS & PURCHASE PRICE LIMITS Big Splash TBA Income and Purchase Price Limits
TIMELINE REQUIREMENTS 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to calendar day 45.
HOMEBUYER EDUCATION Strongly recommended but not a program requirement.
CO-SIGNORS Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest.
Target Area Maps Target Area Maps
PROGRAM GUIDELINES Big Splash TBA Program Guidelines
PARTICIPATING LENDERS Participating Lenders

Big Splash-Gov't Loans

Escambia HFA Big Splash Gov\'t | At-A-Glance

AVAILABLE PROGRAMS Escambia HFA Big Splash Gov't
ELLIGIBLE AREA Eligible Areas
ELIGIBLE BORROWER(S) First-Time Buyer Requirement (Borrower and Spouse)
RATES See Chart
DPA AVAILABLE See Chart
LOAN TYPE FHA, VA, USDA-RD
INCOME & PURCHASE PRICE LIMITS Income and Purchase Price Limits
TIMELINE REQUIREMENTS 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to calendar day 45.
HOMEBUYER EDUCATION Strongly recommended but not a program requirement.
CO-SIGNORS Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest.
Targeted Area Maps Targeted Area Maps
PROGRAM GUIDELINES Big Splash Gov't Guidelines
PARTICIPATING LENDERS Participating Lenders

Home For The Holidays-Gov't Loans

Escambia Home For The Holidays | At-A-Glance

AVAILABLE PROGRAMS Escambia HFA Home For The Holidays
ELLIGIBLE AREA Eligible Areas
ELIGIBLE BORROWER(S) First-Time Buyer Requirement (Borrower and Spouse)
RATES See Chart
DPA AVAILABLE See Chart
LOAN TYPE FHA, VA, USDA-RD
INCOME LIMITS Income Limits
PURCHASE LIMITS Purchase Limits
TIMELINE REQUIREMENTS 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to calendar day 45.
HOMEBUYER EDUCATION Strongly recommended but not a program requirement.
CO-SIGNORS Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest.
Targeted Area Maps Targeted Area Maps
PROGRAM GUIDELINES Program Guidelines
PARTICIPATING LENDERS Participating Lenders

MCC

Escambia HFA, MCC | At-A-Glance

AVAILABLE PROGRAMS ECHFA MCC
ELLIGIBLE AREA Elligible Area
ELIGIBLE BORROWER(S) First Time Homebuyers (buyer & Spouse)
LOAN TYPE FHA, VA, and conventional loans acceptable to Fannie and Freddie that are 30 year, fixed-rate market loans.
INCOME & PURCHASE PRICE LIMITS MCC Income and Purchase Price Limits
TIMELINE REQUIREMENTS 15 days from loan closing to compliance file submission to eHP
HOMEBUYER EDUCATION Homebuyer Education
Target Area Maps Target Area Maps
PROGRAM GUIDELINES MCC Program Guidelines
PRE-CLOSING FORMS Notices to Buyers & Recapture Brochure
PARTICIPATING LENDERS Participating Lenders

Today’s Rates & Offerings [ Business Days 10:00am – 8:00 pm ET ]

Escambia HFA | Rates & Offerings

Big Splash Program
Offering FICO DPA  Lock Rate
FHA, VA, USDA 640 up to 10k 6.750%
Freddie Mac HFA Advantage 640 up to 10k 7.250%

Big Splash-Freddie Mac Loans

Escambia Big Splash | At-A-Glance

AVAILABLE PROGRAMS Escambia HFA Big Splash TBA
QUESTIONS Questions
ELLIGIBLE AREA Eligible Areas
ELIGIBLE BORROWER(S) First-Time Buyer Requirement (Borrower and Spouse)
RATES See Chart
DPA AVAILABLE See Chart
LOAN TYPE Freddie Mac HFA Advanatage
INCOME LIMITS & PURCHASE PRICE LIMITS Big Splash TBA Income and Purchase Price Limits
TIMELINE REQUIREMENTS 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to calendar day 45.
HOMEBUYER EDUCATION Strongly recommended but not a program requirement.
CO-SIGNORS Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest.
Target Area Maps Target Area Maps
PROGRAM GUIDELINES Big Splash TBA Program Guidelines
PARTICIPATING LENDERS Participating Lenders

Big Splash-Gov't Loans

Escambia HFA Big Splash Gov\'t | At-A-Glance

AVAILABLE PROGRAMS Escambia HFA Big Splash Gov't
ELLIGIBLE AREA Eligible Areas
ELIGIBLE BORROWER(S) First-Time Buyer Requirement (Borrower and Spouse)
RATES See Chart
DPA AVAILABLE See Chart
LOAN TYPE FHA, VA, USDA-RD
INCOME & PURCHASE PRICE LIMITS Income and Purchase Price Limits
TIMELINE REQUIREMENTS 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to calendar day 45.
HOMEBUYER EDUCATION Strongly recommended but not a program requirement.
CO-SIGNORS Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest.
Targeted Area Maps Targeted Area Maps
PROGRAM GUIDELINES Big Splash Gov't Guidelines
PARTICIPATING LENDERS Participating Lenders

Home For The Holidays-Gov't Loans

Escambia Home For The Holidays | At-A-Glance

AVAILABLE PROGRAMS Escambia HFA Home For The Holidays
ELLIGIBLE AREA Eligible Areas
ELIGIBLE BORROWER(S) First-Time Buyer Requirement (Borrower and Spouse)
RATES See Chart
DPA AVAILABLE See Chart
LOAN TYPE FHA, VA, USDA-RD
INCOME LIMITS Income Limits
PURCHASE LIMITS Purchase Limits
TIMELINE REQUIREMENTS 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to calendar day 45.
HOMEBUYER EDUCATION Strongly recommended but not a program requirement.
CO-SIGNORS Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest.
Targeted Area Maps Targeted Area Maps
PROGRAM GUIDELINES Program Guidelines
PARTICIPATING LENDERS Participating Lenders

MCC

Escambia HFA, MCC | At-A-Glance

AVAILABLE PROGRAMS ECHFA MCC
ELLIGIBLE AREA Elligible Area
ELIGIBLE BORROWER(S) First Time Homebuyers (buyer & Spouse)
LOAN TYPE FHA, VA, and conventional loans acceptable to Fannie and Freddie that are 30 year, fixed-rate market loans.
INCOME & PURCHASE PRICE LIMITS MCC Income and Purchase Price Limits
TIMELINE REQUIREMENTS 15 days from loan closing to compliance file submission to eHP
HOMEBUYER EDUCATION Homebuyer Education
Target Area Maps Target Area Maps
PROGRAM GUIDELINES MCC Program Guidelines
PRE-CLOSING FORMS Notices to Buyers & Recapture Brochure
PARTICIPATING LENDERS Participating Lenders