Down Payment Assistance for First Time Home Buyers

Are you looking to buy a house, but don’t quite know how to make it work? Need a helping hand to get yourself into your own home? Interested in finding that perfect location? The Fred Franks Team is here to help! Through the State of Florida Home buyer Program you may be eligible for a number of benefits to get you into that perfect home of your own, including a favorable fixed-rate mortgage and assistance with down payments. Check with us to find out if you’re eligible today for one of many mortgage programs in the area!

We provide a full range of expert realty services to our clients, and we are focused on providing the services necessary to get first time home buyers through the process. We aim to connect you with our list of 2 Preferred Lenders to help you with your mortgage loans and get you into your home fast! These mortgages are 30-year fixed-rate loans meant for those who would otherwise be unable to purchase a home, available to first time home buyers with good credit. We can also provide services to keep you making payments and in your home, including assistance with down payments and closing costs when you get your mortgage through our auspices.

down payment assistances in Ocala FL

Group of Professional Realtors - Helping first time home Buyers

Local Realty Service, LLC is an Ocala-based real estate brokerage firm that’s familiar with the local housing market and committed to providing you personalized solutions that make sense for you and your goals. Our team is particularly focused on helping first-time buyers. One of the ways that we aim to do this is through the State of Florida Time Homebuyer Program, which is a cooperative endeavor between mortgage lenders and the state government meant to support and promote housing for qualified borrowers undeserved by traditional private mortgage lending. Our expertise can help you navigate the process and get into the home of your dreams for less money, less hassle, and less time!

Our team offers a number of personalized services that can greatly assist first-time home buyers. Our organization can connect you to qualifying loans for first-time home buyers in Ocala Florida. Buyers in Marion County Florida are qualified for up to $7,500 in down payment assistance in the form of a zero-interest deferred-payment loan.

Of course, we also offer the full range of realty services – we will help you fine-tune your goals, search out the neighborhoods and the homes that are right for you, and provide guidance through the complex offering, negotiating, and closing process. Take advantage of our expertise to get the best deal on the best home that’s out there – just waiting for you.

Benefits of some of the First Time Home Buyer Programs

Recipients of loans through the State Housing Program must meet certain income and purchase limits depending on household size. One person needs to earn under $57,700 annually, while a family of four can earn up to $66,780 to qualify. The homes being purchased must cost less than $258,690. Once your eligibility for the program has been determined, you must also qualify for a loan (with a credit score of 640 or over) and complete an online Home buyer Education Class. You may also be eligible for a Mortgage Certificate Program tax credit offered through Florida Housing, which would allow you to deduct up to fifty percent of mortgage interest paid (up to a maximum of $2,000) from your federal taxes, which can help you keep current on your mortgage.

Read more information about Buying a Home, or if you are looking to sell your home. Use our advance Ocala MLS to find affordable real estate in Ocala Florida. Get the latest news from our Florida Real Estate Blog on the current events related to the real estate market in your area.

Have one of our Professional Down Payment Assistance Specialist call you Today!

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Frederick Franks
Local Realty Service, LLC

35 Hickory Loop
Ocala, FL 34472
Contact Us

David Cooper

Sr Loan Originator

NMLS: 719292

Cell 704 942 4093

Office 980 245 5680

Fax 877 272 3705

Local Realty Service, LLC

352-591-3350Contact Us 
35 Hickory Loop. - Ocala, FL 34472
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