Escambia County Housing Finance Authority Multi-County* Homeownership Program

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1 Escambia County Housing Finance Authority Multi-County* Homeownership Program Ever dreamed of owning a home but thought it was out of reach? The Escambia County HFA Homeownership Program may be the answer you ve been searching for. WHAT DOES THE PROGRAM OFFER? 30-year fixed rate first mortgage** Government Loans only (FHA, VA, RD) $7,500 down payment & closing costs*** WHAT ARE THE REQUIREMENTS? First-Time buyer Qualify for a first mortgage loan Purchase anywhere in St. Lucie County Minimum 640 credit score Maximum Debt to Income Ratio of 45% Income may not exceed: 1 2 Person Household $63,972 3 Person household $73,568 Purchase Price may not exceed $291,176 Homes may be one unit, new or existing (detached or attached), condos or townhomes. Do you think you qualify? Contact the Escambia County HFA for a lender referral at * Partnership between the Escambia County HFA and the St. Lucie County Board of County Commissioners. ** APR disclosed by lender. Rate and assistance subject to change at any time. *** In the form of a 30-year, deferred, 0% Interest Second Mortgage (NEVER FORGIVEN).

2 Escambia County Housing Finance Authority Multi-County* Homeownership Program Ever dreamed of owning a home but thought it was out of reach? The Escambia County HFA Big Splash Homeownership Program may be the answer you ve been searching for. WHAT DOES THE PROGRAM OFFER? 30-year fixed rate first mortgage** Freddie Mac HFA Advantage Conventional Loan ONLY $7,500 down payment & closing costs*** WHAT ARE THE REQUIREMENTS? First-Time buyer Qualify for a first mortgage loan Purchase anywhere in St. Lucie County Minimum 640 credit score Maximum Debt to Income Ratio of 45% Attend Homebuyer Education Income may not exceed: 1 2 person household $75,000 3 or more person household $87,500 Purchase Price may not exceed $291,176 Homes may be one unit, new or existing (detached or attached), condos or townhomes. Do you think you qualify? Contact a participating loan officer listed on the next page to submit a credit application. * Partnership between the Escambia County HFA and the St. Lucie County Board of County Commissioners. ** APR disclosed by lender. Rate and assistance subject to change at any time. *** In the form of a 30-year, deferred, 0% Interest Second Mortgage (NEVER FORGIVEN). (Rev 09/28/17)

3 Affordable Income Subsidy Grant Additional down payment assistance is available for borrowers who qualify for the Big Splash Program, with lower income limits. The borrower must utilize the Freddie Mac conventional loan offered in the Big Splash Program to be eligible for the additional assistance. St. Lucie County borrowers at or below $48,400 may receive an additional $1,500 grant for down payment and closing cost assistance. St. Lucie County borrowers at or below $30,250, may receive an additional $2,500 grant for down payment and closing cost assistance. If you determine you qualify for additional assistance, please contact a participating lender found within this flyer.

4 Escambia County Housing Finance Authority St. Lucie County Active Participating Loan Officers (Rev. 6/18) (SP) = Spanish Speaking Company Name Phone Number Centennial Bank Patricia Del Bagno (407) Centennial Bank*: Manuel Aldana (407) Ryan Binner (772) Goldwater Bank Christopher Flaherty Tara Gillette Ron Kelleher Lisa MacDougall Melania Robles Victoria Worsham University Lending Group, LLC Kristen Phillips University Lending Group, LLC Michael Avery University Lending Group Lauren Thurman (772) (561) (772) (772) (772) (772) (850) (850) (850)

5 MyFirstFloridaHome.com Certified Realtor Partner St. Lucie County Last Updated Name Company Phone Bernadine Telford Saige Realty Group Frandy Louis Selected Homes Realty LLC