Palm Beach County Housing Finance Authority Homebuyer Program

Administered by: Housing Finance Authority of Palm Beach County · County · Deferred Loan

Funding status: Active

How much assistance

Up to $17,500 (Deferred Loan)

Zero-interest 30-year deferred second mortgage. Must be repaid upon sale, refinance, transfer of title, or if home ceases to be primary residence.

Eligibility

  • First-time buyer required: Yes — Must not have owned a principal residence at any time during the 3 years prior to purchase.
  • Credit score minimum: 640
  • Geographic restrictions: Property must be located within Palm Beach County.
  • Homebuyer education required: No

How to Apply for Palm Beach County Housing Finance Authority Homebuyer Program

Step 1: Work with a participating lender. The HFA provides fixed rate mortgage loans with down payment and closing cost assistance. Contact the Housing Finance Authority of Palm Beach County for the approved lender list.

Visit program website

Notes

May be combined with first mortgage programs. Available with any 15 or 30-year fixed rate first mortgage for newly constructed or existing homes anywhere within Palm Beach County.

Cities Where This Program Is Available