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Lee County Housing Finance Authority FirstPlus Program

Administered by:
Lee County Housing Finance Authority
· County · Deferred Loan
Funding status: Active

How much assistance

Up to $10,000
Zero-interest, 30-year deferred second mortgage. No monthly payments. Due upon sale, refinancing, transfer of title, or rental of the home within the 30-year term.

Eligibility

  • Income limits: Must fall within program maximum income limits for Lee County
  • First-time buyer required: Yes — Borrower and spouse must not have owned a home in the previous 3 years.
  • Credit score minimum: 640
  • Geographic restrictions: Must purchase a home in Lee County, Florida.
  • Homebuyer education required: Yes

How to Apply for Lee County Housing Finance Authority FirstPlus Program

Apply through a participating lender approved by the Lee County Housing Finance Authority. Visit hfaleeco.org for the list of approved lenders. Must meet FHA, VA, or USDA-RD underwriting requirements. DTI cannot exceed 45%. Complete a homebuyer education course.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (4 cities across 1 state)