skip to Main Content

First-Time Home Buyer Loans in Florida

If you’re a Florida first-time home buyer you may qualify to utilize the $30,806 WISH Grant. 

Not every first-time buyers has saved enough for 20% down. The good news is that you don’t need that much. 

Broward County Homebuyer Purchase Assistance Program

How does the program work?

Funds are limited and available on a first-come, first-qualified basis.

Program Features:

  • Most areas up to $80,000 available
  • The buyer must contribute three percent (3%) of the purchase price; not applicable for VA loans​
  • A comprehensive Home Inspection report is required
  • You may purchase an existing home or a new construction home
  • You must owner occupy the home as your primary residence
  • Eligible properties include single-family residences, condominiums, villas and townhomes located within Broward County service areas. Mobile homes and cooperatives are not eligible

Click here for full program details

Pinellas County Down Payment Assistance

Pinellas County’s Down Payment Assistance Program can help. The Down Payment Assistance Program offers up to $50,000 in an interest-free, deferred loan. Click here for full program details.

Zero Down Loan Program

Refined Lending is excited to offer a zero down loan program to qualified buyers. Check out the program highlights below and contact us for full program details!

  • 0% Down payment
  • No city or county geographical restrictions
  • $150,000 income limit
  • 600 min credit score
  • Up to 55% debt to income ratio
  • Available in Every state
  • $0 buyer funds required
  • Up to 5% seller paid closing costs
  • Standard 30 year fixed rates apply

Orange County Down Payment Assistance Program

The Down Payment Assistance Program provides assistance to qualified first time homebuyers for down payment and closing costs associated with purchasing a home. The amount of assistance provided will be determined based on household income and size. The amount of assistance available is $45,000 for eligible very low-income buyers, $35,000 for low-income buyers, or $20,000 for eligible moderate-income buyers. All applicants must complete a pre-purchase homebuyer’s education program, and secure a first mortgage.  Click here for full program details.

City of Boca Raton Housing Assistance Program

The City of Boca Raton utilizes State Housing Initiatives Partnership (SHIP) funds to administer a Homebuyer Assistance Program. The program provides purchase assistance to qualified first-time buyers, in the form of a loan for down payment, principal reduction, closing costs and prepaid costs, and eligible rehabilitation expenses). The loan will be secured by a zero interest, deferred payment second mortgage on the property that is forgiven provided the buyer occupies the property as their primary residence for 20 years. Buyers must be able to qualify for a first mortgage that meets our criteria from an insured mortgage lender. This application and other program documents may be requested in an alternative format by contacting the Community Improvement Division. Click here for full program details.

Palm Bay HOME Down Payment Assistance Program

Under the HOME Down Payment Assistance Program, households earning less than 50 percent of the area median income (AMI) are considered very low-income and can receive up to $17,881.50 in total assistance. A minimum of $10,881.50 must be put toward the down payment and closing costs, and the remaining $7,000 can also be directed toward the down payment and closing costs or, if needed, be spent on assistance for code-related rehabilitation work on the house.

This assistance comes in the form of a deferred, multi-year loan forgiven at the end of the applicable affordability period. The amount does not need to be repaid as long as the home is owner-occupied and the title is not transferred. Click here for full program details.


Most major cities have at least one down payment assistance program. They’re all likely to have similar eligibility requirements, including that you’ve completed a homeowner education course; use an approved lender; and meet local income limits. Check with your Refined Lending loan officer for other loan terms and conditions.

City of Cocoa’s Purchase Assistance Program

Eligible very-low and low-income homebuyers can apply for down payment, closing cost, and repair assistance for new or existing homes located in the City of Cocoa. Assistance is provided on a first come, first ready basis.

  • Maximum assistance per unit is $37,400 for very-low-income and $32,400 for low-income households in the form of a 10-year, 10 percent forgivable deferred-payment loan. *If HOME funds are used, the HOME affordability rules apply over the above affordability periods.
  • Home values cannot exceed $172,000 for existing or new construction homes. Mobile or manufactured homes are not eligible for assistance.
  • The household must have the ability to obtain a 30 year fixed-rate mortgage.
  • To schedule to attend the mandatory homebuyer class contact Community Housing Initiatives at (321) 253-0053.
  • Property must remain owner-occupied after purchase during the affordability term.
  • Total income and assets for all household members must not exceed the following limits for family size. (See chart below.)
  • Pre-1978 Homes are not eligible.
  • The home must be located within Cocoa city limits

Click here for full program details.


The City of Titusville offers loans, up to $64,500, to qualified applicants who wish to purchase and occupy new or existing homes within the city limits. First-Time Homebuyer Assistance loans can be used for down payment, closing costs, and/or interest rate buy down.

These loans are deferred and offered at a 0% interest with no monthly payments required. Repayment of the principal balance of the loan plus a portion of the net appreciation is required when the home is sold, the property is transferred, or the home is no longer owner-occupied as a primary resident during the loan term period. Click here for full program details.

All programs subject to change at anytime without notice. Not a commitment to lend. Client must qualify for program with Refined Lending and the assistance or grant program selected.  * Sources | |

Back To Top
Translate »