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 | DPAÂ | 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