Transcription of FL HFA PREFERRED CONVENTIONAL LOAN …
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FL HFA PREFERRED CONVENTIONAL LOAN …
FL HFA PREFERRED CONVENTIONAL loan PROGRAM FL HOUSING FINANCE CORPORATION (Updated March 21, 2014) Features Borrowers eligible for this first mortgage product also qualify to receive down payment assistance through Florida Housing s second mortgage program but ARE NOT REQUIRED to participate in the second mortgage program. Some borrowers may choose to participate in the first mortgage program only in order to receive the benefit of lower MI and loan costs but use their own funds for down payment. The current second mortgage program offers $10,000 in down payment and closing cost assistance in the form of a 30 year deferred, 0% non-amortizing loan . loan Delivery Purchase Timeline 60 Day Timeline 20 days from rate lock (reservation) to underwriter certification.
FL HFA PREFERRED CONVENTIONAL LOAN PROGRAM !!! FL HOUSING FINANCE CORPORATION (Updated March 21, 2014) Features Borrowers eligible for this first mortgage product also qualify to receive down
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