Florida Housing Program Highlights – $14.5 Mil HTH Funds Available

Florida Bond

FHFC Florida Bond | At-A-Glance

AVAILABLE PROGRAMS FHFC Florida Bond
Elligible Area Statewide
Eligible Borrower(s) Eligible Borrowers
Rates See Chart
DPA Available See Chart
Loan Type See Chart
Income Limits Income Limits
80% AMI INCOME LIMITS 80% AMI Income Limits
Purchase Limits Purchase Price Limits
Timeline Requirements 60 days from Reservation to Purchase
Homebuyer Education Homebuyer Education
Co-Signors Co-Signors
MANUFACTURED HOUSING TERM SHEET Manufactured Housing Term Sheet
Program GUIDELINES Program Guidelines
PARTICIPATING LENDERS Participating Lenders
eHP Process Origination to Loan Purchase eHP Process Origination to Loan Purchase

Florida FL Plus

FHFC TBA Program | At-A-Glance

AVAILBLE PROGRAMS FHFC TBA Program
Elligible Area Entire state of FL
Eligible Borrower(s) ELIGIBLE BORROWERS
Rates See Chart
DPA Available See Chart
Loan Type See Chart
Income Limits INCOME LIMITS
80% AMI INCOME LIMITS 80% AMI INCOME LIMITS
Purchase Limits PURCHASE PRICE LIMITS
Timeline Requirements 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing.
Homebuyer Education HOMEBUYER EDUCATION
Co-Signors Co-Signors
MANUFACTURED HOUSING TERM SHEET Manufactured Housing Term Sheet
PROGRAM GUIDELINES Program Guidelines
PARTICIPATING LENDERS Participating Lenders
eHP PROCESS ORIGINATION to LOAN PURCHASE eHP Process Origination to Loan Purchase

Florida FL First

FHFC FL PLUS | At-A-Glance

AVAILABLE PROGRAMS FHFC HFA Preferred PLUS and HFA Advantage PLUS
Elligible Area Entire State of Florida
Eligible Borrower(s) Eligible Borrowers
Rates See chart
DPA Available Assistance offered as five-year forgivable second mortgage Assistance amount is 3%, 4% or 5% of the total loan amount
Loan Type Fannie Mae HFA Preferred and Freddie Mac HFA Advantage. See chart for PLUS loan options
Income Limits Income Limits
80% AMI INCOME LIMITS 80% AMI INCOME LIMITS
Purchase Limits Purchase Price Limits
Timeline Requirements 60 days from reservation (in eHPortal) to loan purchase by Lakeview
Homebuyer Education Homebuyer Education
Co-Signors Co-Signors
Program Guidelines Program Guidelines
PARTICIPATING LENDERS Participating Lenders
eHP Process Origination to Loan Purchase eHP Process Origination to Loan Purchase

Hometown Heroes

FHFC Hometown Heroes | At-A-Glance

AVAILABLE PROGRAMS FHFC Home Town Heroes Program
Eligible Area Entire state of FL
Eligible Borrower(s) Eligible Borrower
Rates See Chart
DPA Available See Chart
Loan Type See Chart
Income Limits Income Limits
80% AMI INCOME LIMITS 80% AMI Income Limits
Purchase Limits Purchase Limits
Timeline Requirements 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing.
Homebuyer Education Homebuyer Education
Co-Signors Co-Signors
MANUFACTURED HOUSING TERM SHEET Manufactured Housing Term Sheet
PROGRAM GUIDELINES HTH Bond Guidelines
PROGRAM GUIDELINES HTH TBA Guidelines
Borrower Certification Borrower Certification
PARTICIPATING LENDERS Participating Lenders
eHP Process Origination to Loan Purchase eHP Process Origination to Loan Purchase

FL Bond

FHFC Florida Bond | At-A-Glance

AVAILABLE PROGRAMS FHFC Florida Bond
Elligible Area Statewide
Eligible Borrower(s) Eligible Borrowers
Rates See Chart
DPA Available See Chart
Loan Type See Chart
Income Limits Income Limits
80% AMI INCOME LIMITS 80% AMI Income Limits
Purchase Limits Purchase Price Limits
Timeline Requirements 60 days from Reservation to Purchase
Homebuyer Education Homebuyer Education
Co-Signors Co-Signors
MANUFACTURED HOUSING TERM SHEET Manufactured Housing Term Sheet
Program GUIDELINES Program Guidelines
PARTICIPATING LENDERS Participating Lenders
eHP Process Origination to Loan Purchase eHP Process Origination to Loan Purchase

FL FIRST TBA

FHFC TBA Program | At-A-Glance

AVAILBLE PROGRAMS FHFC TBA Program
Elligible Area Entire state of FL
Eligible Borrower(s) ELIGIBLE BORROWERS
Rates See Chart
DPA Available See Chart
Loan Type See Chart
Income Limits INCOME LIMITS
80% AMI INCOME LIMITS 80% AMI INCOME LIMITS
Purchase Limits PURCHASE PRICE LIMITS
Timeline Requirements 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing.
Homebuyer Education HOMEBUYER EDUCATION
Co-Signors Co-Signors
MANUFACTURED HOUSING TERM SHEET Manufactured Housing Term Sheet
PROGRAM GUIDELINES Program Guidelines
PARTICIPATING LENDERS Participating Lenders
eHP PROCESS ORIGINATION to LOAN PURCHASE eHP Process Origination to Loan Purchase

FL PLUS TBA

FHFC FL PLUS | At-A-Glance

AVAILABLE PROGRAMS FHFC HFA Preferred PLUS and HFA Advantage PLUS
Elligible Area Entire State of Florida
Eligible Borrower(s) Eligible Borrowers
Rates See chart
DPA Available Assistance offered as five-year forgivable second mortgage Assistance amount is 3%, 4% or 5% of the total loan amount
Loan Type Fannie Mae HFA Preferred and Freddie Mac HFA Advantage. See chart for PLUS loan options
Income Limits Income Limits
80% AMI INCOME LIMITS 80% AMI INCOME LIMITS
Purchase Limits Purchase Price Limits
Timeline Requirements 60 days from reservation (in eHPortal) to loan purchase by Lakeview
Homebuyer Education Homebuyer Education
Co-Signors Co-Signors
Program Guidelines Program Guidelines
PARTICIPATING LENDERS Participating Lenders
eHP Process Origination to Loan Purchase eHP Process Origination to Loan Purchase

Hometown Heroes

FHFC Hometown Heroes | At-A-Glance

AVAILABLE PROGRAMS FHFC Home Town Heroes Program
Eligible Area Entire state of FL
Eligible Borrower(s) Eligible Borrower
Rates See Chart
DPA Available See Chart
Loan Type See Chart
Income Limits Income Limits
80% AMI INCOME LIMITS 80% AMI Income Limits
Purchase Limits Purchase Limits
Timeline Requirements 60 calendar days from loan reservation to loan purchase. Underwriter Certitied anytime prior to closing.
Homebuyer Education Homebuyer Education
Co-Signors Co-Signors
MANUFACTURED HOUSING TERM SHEET Manufactured Housing Term Sheet
PROGRAM GUIDELINES HTH Bond Guidelines
PROGRAM GUIDELINES HTH TBA Guidelines
Borrower Certification Borrower Certification
PARTICIPATING LENDERS Participating Lenders
eHP Process Origination to Loan Purchase eHP Process Origination to Loan Purchase

Today’s Rates & Offerings [ Business Days 10am – 8pm ET ] December 5, 2023

Florida | Rates & Offerings

Bond Program

Florida Housing – Bond Program


FHA, VA, USDA-RD and Fannie Mae HFA Preferred


  • First-time buyer requirement (borrower and spouse including NPS) no homeownership in the past 3 years
  • Must be principal residence
  • Maximum Income Limits
  • Maximum Purchase Price Limits
  • 60 calendar days from loan reservation to loan purchase
  • Household income calculation (borrower + spouse (including NPS) + everyone 18 years of age or older)
  • Assistance amount is $10,000 with non-amortizing, 30-year deferred FL Assist OR $10,000 with amortizing, 15-year amortizing FL HLP
  • Maximum DTI is 50% with FHA, RD AUS A/E
  • Maximum DTI is 50% with Fannie Mae HFA Preferred DU A/E
  • Maximum DTI is 45% with Manufactured Housing (FHA, USDA-RD, VA and Fannie Mae ONLY)
  • Minimum FICO 640 (Manufactured Housing 660)
  • Maximum DTI is 43% with manual underwrites (FHA and Fannie Mae ONLY)
  • Past 3 years signed federal income tax returns AND/OR tax transcripts for all borrowers and spouse (even NPS)
  • Eligible area: Entire state of Florida
Offering FICO DPA Lock Rate

FHA, USDA, VA

640 FL Assist $10k
or
FL HLP $10k 		7.000%

Fannie Mae (HFA Preferred), Freddie Mac (HFA Advantage)
<= 80% AMI or OVER 80% AMI

 640 7.750%
TBA Program Florida First

Florida Housing – TBA Program Florida First


Fannie Mae HFA Preferred and Freddie Mac HFA Advantage


  • First-time buyer requirement (borrower ONLY) no homeownership in the past 3 years
  • Must be principal residence
  • Maximum Income Limits
  • No Purchase price limits (Use Agency loan limits)
  • 60 calendar days from loan reservation to loan purchase
  • 1003 Credit qualifying income
  • Assistance amount is $10,000 with non-amortizing, 30-year deferred FL Assist OR $10,000 with amortizing, 15-year amortizing FL HLP
  • Maximum DTI is 50% with AUS A/E
  • Maximum DTI is 45% with Manufactured Housing
  • Minimum FICO 640 (Manufactured Housing 660)
  • Maximum DTI is 43% with manual underwrites
  • Eligible area: Entire state of Florida
Offering FICO DPA Lock Rate

Fannie Mae (HFA Preferred)
<= 80% AMI

 640 FL Assist $10k
or
FL HLP $10k 		7.625%

Freddie Mac (HFA Advantage)
<= 80% AMI

 7.500%

Fannie Mae (HFA Preferred)
OVER 80% AMI

 8.125%

Freddie Mac (HFA Advantage)
OVER 80% AMI

 8.000%
TBA Program Florida PLUS

Florida Housing – TBA Program Florida PLUS


Fannie Mae HFA Preferred PLUS and Freddie Mac HFA Advantage PLUS


  • First-time buyer requirement (borrower ONLY) no homeownership in the past 3 years
  • Must be principal residence
  • Maximum Income Limits
  • No Purchase price limits (Use Agency loan limits)
  • 60 calendar days from loan reservation to loan purchase
  • 1003 Credit qualifying income
  • Assistance offered as five-year forgivable second mortgage
  • Assistance amount is 3%, 4% or 5% of the total loan amount
  • Maximum DTI is 50% with AUS A/E
  • Maximum DTI is 45% with Manufactured Housing
  • Minimum FICO 640 (Manufactured Housing 660)
  • Maximum DTI is 43% with manual underwrites
  • Eligible area: Entire state of Florida
Offering FICO DPA Lock Rate

Fannie Mae (HFA Preferred)
<= 80% AMI

 640 3% 8.000%
4% 8.500%
5% n/a

Freddie Mac (HFA Advantage)
<= 80% AMI

 3% 7.625%
4% 8.375%
5% 9.000%

Fannie Mae (HFA Preferred)
OVER 80% AMI

 3% 8.375%
4% 8.875%
5% n/a

Freddie Mac (HFA Advantage)
OVER 80% AMI

 3% 8.125%
4% 8.625%
5% n/a
Hometown Heroes TBA

Florida Housing – Hometown Heroes TBA


FHA, VA, USDA-RD, Fannie Mae HFA Preferred and Freddie Mac HFA Advantage


  • First-time buyer requirement (borrower ONLY) no homeownership in the past 3 years
  • Borrower must be employed full-time by a Florida-based employer and work 35 or more hours per week* (only one borrower must satisfy this requirement)
  • *Veterans exempt from this requirement when providing a valid DD214
  • Must be principal residence
  • Maximum Income Limits
  • No Purchase price limits (Use Agency loan limits)
  • 60 calendar days from loan reservation to loan purchase
  • 1003 Credit qualifying income
  • Assistance offered as thirty-year deferred second mortgage (Never forgiven)
  • Assistance amount is 5% of the total loan amount (up to $35,000)
  • Maximum DTI is 50% with AUS A/E
  • Maximum DTI is 45% with Manufactured Housing
  • Minimum FICO 640 (Manufactured Housing 660)
  • Maximum DTI is 43% with manual underwrites
  • Eligible area: Entire state of Florida
Offering FICO DPA Lock Rate

FHA, USDA, VA

640 5%

(min $10k, max $35k) 		6.750%

Fannie Mae (HFA Preferred)
<= 80% AMI

 640 7.000%

Freddie Mac (HFA Advantage)
<= 80% AMI

 6.625%

Fannie Mae (HFA Preferred)
OVER 80% AMI

 7.125%

Freddie Mac (HFA Advantage)
OVER 80% AMI

 7.000%
Hometown Heroes Bond Program

Florida Housing – Hometown Heroes Bond Program


FHA, VA, USDA-RD and Fannie Mae HFA Preferred


  • First-time buyer requirement (borrower and spouse including NPS) no homeownership in the past 3 years
  • Borrower must be employed full-time by a Florida-based employer and work 35 or more hours per week* (only one borrower must satisfy this requirement)
  • *Veterans exempt from this requirement when providing a valid DD214
  • Must be principal residence
  • Maximum Income Limits
  • Maximum Purchase Price Limits
  • 60 calendar days from loan reservation to loan purchase
  • Household income calculation (borrower + spouse (including NPS) + everyone 18 years of age or older)
  • Assistance offered as thirty-year deferred second mortgage (Never forgiven)
  • Assistance amount is 5% of the total loan amount (up to $35,000)
  • Maximum DTI is 50% with AUS A/E
  • Maximum DTI is 45% with Manufactured Housing (FHA, USDA-RD, VA and Fannie Mae ONLY)
  • Minimum FICO 640 (Manufactured Housing 660)
  • Maximum DTI is 43% with manual underwrites (Not eligible with USDA-RD)
  • Past 3 years signed federal income tax returns AND/OR tax transcripts for all borrowers and spouse (even NPS)
  • Eligible area: Entire state of Florida
Offering - NOT AVAILABLE FICO DPA Lock Rate
n/a