Florida Down Payment Assistance
Florida Down Payment Assistance Programs
A guide to current down payment assistance options in Florida, including the state Housing Finance Agency, well-known city and county programs, and live DPA mortgage pricing for Florida homebuyers.
Florida Housing Finance Agency
Florida Housing Finance Corporation (Florida Housing)
Florida Housing administers the primary DPA programs for Florida. Program details below are current as of April 23, 2026 - confirm current terms directly with Florida Housing before applying.
Statewide DPA Programs in Florida
Florida Assist (FL Assist)
Florida Housing
Silent second of up to $10,000 at 0% interest with no monthly payments. Not forgivable; balance is due at sale, refinance, payoff, or when the home is no longer the primary residence.
Paired with: Conventional, FHA, VA, USDA
- Primary residence only
- Minimum FICO: 640
- Homebuyer education required
Must be paired with a Florida Housing first mortgage; county-level income and purchase price limits apply.
Source: www.floridahousing.org
Florida Homeownership Loan Program (FL HLP) Second Mortgage
Florida Housing
Up to $10,000 at 3% interest, amortized over 15 years. Remaining balance is due in full at sale, refinance, payoff, or when the home is no longer the primary residence.
Paired with: Conventional, FHA, VA, USDA
- Primary residence only
- Minimum FICO: 640
- Homebuyer education required
Source: www.floridahousing.org
HFA Preferred Grant (Conventional)
Florida Housing
3% to 5% of the first mortgage amount as a forgivable grant for down payment or closing costs, forgiven 20% per year over five years.
Paired with: Conventional (HFA Preferred)
- Primary residence only
- Minimum FICO: 640
- Homebuyer education required
Pairs with the HFA Preferred conventional first mortgage.
Source: www.floridahousing.org
Salute Our Soldiers Military Loan Program
Florida Housing
Discounted 30-year fixed-rate first mortgage for eligible active-duty servicemembers and veterans. May be paired with any Florida Housing down payment assistance program.
Paired with: Conventional, FHA, VA, USDA
- Primary residence only
- Minimum FICO: 640
- Homebuyer education required
Source: www.floridahousing.org
Florida Hometown Heroes Housing Program
Florida Housing
Up to $35,000 in down payment and closing cost assistance as a 0% interest, non-amortizing second mortgage for eligible frontline workers.
Paired with: Conventional, FHA, VA, USDA
- Primary residence only
- Minimum FICO: 640
- Homebuyer education required
The 2025-26 funding cycle of $50 million was fully committed in February 2026. Additional funding for fiscal year 2026-27 is subject to legislative appropriation; confirm current availability with Florida Housing.
Source: www.floridahousing.org
Florida Notes for Homebuyers
- Florida is a title-state; closings are typically conducted by title companies or attorneys acting as title agents.
- Documentary stamp tax on the deed and a separate tax on the mortgage apply at closing.
2026 Loan Limits in Florida
Conforming (Conventional)
$806,500 baseline
Some Florida counties qualify as high-cost, with limits up to $1,209,750.
FHA
$524,225 floor
Higher-cost Florida counties can reach the FHA ceiling of $1,209,750.
Live DPA Pricing for Florida
Pricing below is sourced live from hundreds of wholesale lenders for a Florida scenario. Edit the inputs to match your situation.
FHA Down Payment Assistance
Up to 5% assistance; repayable second at first rate + 2% over 10 years
▸Program details
- ✓Minimum credit score: 580
- ✓Non-traditional credit also possible
- ✓Assistance up to 2.5%, 3.5%, or 5% of the lesser of purchase price or appraised value
- ✓Assistance can be used for down payment, closing costs, or both
- ✓Second lien: 10-year fixed, repayable
- ✓Second lien rate is 2% higher than the first mortgage rate
- ✓No first-time homebuyer requirement
- ✓No income cap
- ✓Purchase of primary residence only
- ✓Eligible properties: 1-unit residences, PUD, 2-4 units, FHA-approved condos, manufactured (single/double-wide)
- ✓DTI per AUS and FHA manual underwriting guidelines
- ✓First lien: FHA 30-year fixed
Assistance amount
Compare DPA options for Florida with live pricing
Rate Direct pairs down payment assistance with live first-lien pricing so you see the combined monthly payment up front.