Homebuyer Programs in Largo, FL (2026)
Largo is a vibrant city in Pinellas County on Florida's Gulf Coast, with a population of approximately 82,500 and a median home price around $340,000. The city offers one of the most generous local down payment assistance programs in the Tampa Bay area through the Sold on Largo Down Payment Assistance Program, providing up to $75,000 in 0% interest forgivable loans for households at or below 80% of the area median income. Buyers can also layer on the Pinellas County Down Payment Assistance Program (up to $75,000), the Pinellas County HFA Home Key Plus Program ($10,000), and state programs like the Florida Hometown Heroes Program (up to $35,000) and the Florida Assist Second Mortgage ($10,000). By combining city, county, and state programs, eligible Largo homebuyers can potentially access over $100,000 in down payment and closing cost assistance.
Top Homebuyer Programs in Largo
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Sold on Largo Down Payment Assistance Program | Forgivable Loan | Up to $75,000 (households at or below 80% AMI); up to $40,000 (81-120% AMI); up to $15,000 (121-140% AMI) | No | View → |
| Pinellas County Down Payment Assistance Program | Deferred Loan | Up to $75,000 | Yes | View → |
| Pinellas County HFA Home Key Plus Program | Deferred Loan | $10,000 | Yes | View → |
| Pinellas Recovers Homebuyer Assistance Program | Forgivable Loan | Up to 100% of lender-required down payment and reasonable closing costs | No | View → |
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| FHLBA Community Partners Product | Forgivable Loan | Up to $20,000 in home purchase assistance for down payment and closing costs | No | View → |
| FHLBA First Time Homebuyer Product | Forgivable Loan | Up to $17,500 in home purchase assistance for down payment and closing costs | Yes | View → |
| FHLBA Workforce Housing Plus+ | Forgivable Loan | Up to $15,000 in home purchase assistance for down payment and closing costs | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
| Habitat for Humanity Tampa Bay Gulfside | Zero-Interest Loan | Affordable home purchase with 0% interest mortgage | No | View → |
| Florida Assist (FL Assist) Second Mortgage Program | Deferred Loan | Up to $10,000 | Yes | View → |
| Florida HFA Preferred and Advantage PLUS Program | Forgivable Loan | 3%, 4%, or 5% of the first mortgage loan amount | Yes | View → |
| Florida Hometown Heroes Housing Program | Deferred Loan | Up to 5% of first mortgage loan amount, minimum $10,000, maximum $35,000 | Yes | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to $75,000 (households at or below 80% AMI); up to $40,000 (81-120% AMI); up to $15,000 (121-140% AMI)
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- Up to $75,000
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- $10,000
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- Up to 100% of lender-required down payment and reasonable closing costs
- First-time only:
- No
- Type:
- Government-Insured Mortgage
- Amount:
- Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $20,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Forgivable Loan
- Amount:
- Up to $17,500 in home purchase assistance for down payment and closing costs
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- Up to $15,000 in home purchase assistance for down payment and closing costs
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- FHA-Financed HUD REO Purchase
- Amount:
- Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
- First-time only:
- No
- Type:
- Zero-Interest Loan
- Amount:
- Affordable home purchase with 0% interest mortgage
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- Up to $10,000
- First-time only:
- Yes
- Type:
- Forgivable Loan
- Amount:
- 3%, 4%, or 5% of the first mortgage loan amount
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- Up to 5% of first mortgage loan amount, minimum $10,000, maximum $35,000
- First-time only:
- Yes
How to Apply
- Step 1:
Check your eligibility. The Sold on Largo program serves households earning up to 140% of the area median income, with tiered assistance levels. The Pinellas County program serves individuals earning less than $58,450 per year ($83,450 for a family of four).
- Step 2:
Complete homebuyer education. All programs require an 8-hour HUD-approved homebuyer education course. Contact Suncoast Housing Connections at (727) 442-7075 or Tampa Bay Neighborhood Housing Services at (727) 442-4155 to enroll in a free class.
- Step 3:
Meet with a housing counselor. Schedule a free one-on-one appointment with Suncoast Housing Connections to review which programs you qualify for and develop a plan.
- Step 4:
Get pre-approved for a first mortgage. Work with a lender approved by the programs you're applying to. For the Pinellas County HFA Home Key Plus Program, you must use an approved participating lender.
- Step 5:
Find a home within Largo city limits. For the Sold on Largo program, the property must be within Largo city limits and pass a Uniform Physical Condition Standard (UPCS) inspection. For the Pinellas County program, the purchase price must be $544,233 or less.
- Step 6:
Submit your application through your lender. Your first mortgage lender will submit the down payment assistance application on your behalf. Pinellas County Community Development processes applications on a first-come, first-served basis.
- Step 7:
Close on your new home. After approval, coordinate your closing date. The home must pass all required inspections before closing.