First Time Homebuyer Opportunities

In the first quarter of 2009, approximately 50% of all the homes purchased were by first time homebuyers. The key for these buyers in today’s market is to identify the financing that best suits their needs. The fact is, there are more government loans, grants and tax credits available than in recent history.

The first place to start for those with low to moderate income is the state’s housing finance agency, the Florida Housing Finance Corporation. The types of financing offered are fixed, low interest rate mortgage loans along with down payment and closing costs assistance.

In the next blog I will examine some of the programs available through the Florida Housing Finance Corporation.

Please be on the lookout for my new book, Homes Buyers and Mortgages, which will be released in the coming weeks.