Sorry in advance to anyone not living in Florida (and not just because it's 81 degrees and sunny here). Florida residents can easily qualify for an interest free $10,000 loan.\
Here's what you need:
1. To be a first-time home buyer or to not have purchased a home (or lived in your own home) for the last 3 years.
2. Have a median credit score of 640
3. Maximum sales price of $190,000
4. The home must qualify for FHA financing (it must be in good condition so no rehabs or fixer-uppers)
THAT'S IT!
You can use the $10,000 for closing costs, downpayment, and/or pre-paids like homeowner's insurance or taxes.
Why would you rent and toss money out the window when you could be investing in your home and future?
There are only a few participating lenders/banks right now so you must contact them to do your loan.
Linda Kemp from Raymond James Bank has been excellent to work with thus far so I would recommend her at this time. 727-567-2568 or Linda.Kemp@raymondjames.com
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