Miami-Dade Program Highlights
HFA of Miami-Dade County | At-A-Glance
HFA of Miami-Dade County | At-A-Glance
| AVAILABLE PROGRAMS | HFA of Miami-Dade County Single Family Program |
| QUESTIONS | Questions |
| ELIGIBLE AREA | All of Miami-Dade County. |
| ELIGIBLE BORROWER(S) | First-Time Buyer Requirement (Borrower and Spouse) |
| RATES | See Chart |
| DPA AVAILABLE | $15,000 Down payment and closing coast assistance. |
| LOAN TYPE | See Chart |
| INCOME LIMITS & LOAN LIMITS | Income & Loan Limits |
| TIMELINE REQUIREMENTS | 60 days from Reservation to Loan Purchase. Underwriter Certification within 15 days of reservation. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Permitted by the Program subject to the Lender following all applicable loan Agency, GSE and U.S. Bank guidelines. |
| TARGETED AREA CENSUS TRACTS | Targeted Area Census Tracts |
| PROGRAM GUIDELINES | Program Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
Today’s Rates & Offerings
HFA of Miami-Dade County | Rates & Offerings
| [ Business Days 10:00am – 8:00 pm ET ] | ||||
| Government (w/second) | ||||
| Offering | FICO | DPA | Lock Rate | |
| FHA, VA | 660 | up to 15,000 | 6.625% | |
| Conventional (w/second) | ||||
| Offering | FICO | DPA | Lock Rate | |
| Fannie Mae and Freddie Mac <= 80% AMI | 640 | up to 15,000 | 6.875% | |
| Freddie Mac (HFA Advantage) OVER 80% AMI | 640 | up to 15,000 | 6.875% | |