HFA of Hillsborough County Mortgage Program

Administered by: Housing Finance Authority of Hillsborough County · County · Deferred Loan

Funding status: Active

How much assistance

Down payment and closing cost assistance as a 0% second mortgage, combined with competitive first mortgage rates (Deferred Loan)

Second mortgage at 0% interest, deferred. Repaid upon sale, refinance, or transfer.

Eligibility

Income limits: Must meet HFA income limits for the county.
First-time buyer required: Yes — Must not have owned and occupied a primary residence in the past 3 years. Applies to buyer and spouse.
Credit score minimum: 640
Geographic restrictions: Must purchase in Hillsborough County.
Homebuyer education required: Yes

How to Apply for HFA of Hillsborough County Mortgage Program

Step 1: Apply through an HFA-approved participating lender. Complete a pre-purchase homebuyer education course. FICO mid score must be 640 or higher with maximum DTI of 45%.

Visit program website

Notes

Multi-county program also covering Clay County, Brevard County, and the City of Jacksonville.