Solita's House Down Payment Assistance Loan
Funding status: Active
How much assistance
Up to $15,000 (Deferred Loan)
Repaid over a 10-year term at an interest rate tied to the current prime rate. Not forgivable.
Eligibility
- Income limits: Low-to-moderate income households
- First-time buyer required: No
- Geographic restrictions: Serves Hillsborough County and the greater Tampa Bay area.
- Homebuyer education required: Yes
How to Apply for Solita's House Down Payment Assistance Loan
Step 1: Contact Solita's House at anthonyt@solitashouse.com to request assistance. You must actively participate in housing counseling sessions with Solita's House or one of their affiliate partners to be referred for the DPA loan. Complete their homebuyer education program. Solita's House will then help you access the DPAL and coordinate with your primary mortgage lender.
Notes
U.S. Treasury certified CDFI. Also helps clients access other DPA programs (Hillsborough County SHIP, Home Sweet Home, etc.). Loan carries interest at prime rate, unlike most government DPA programs which are 0%.