Transcription of Lender Guide - EhousingPlus
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Lender Guide - EhousingPlus
Lender Guide Florida Housing Finance Corporation (FHFC) 2013 PROGRAM. Published 7-1-13. Revised 11-1-13. Revisions on Page 3. Page 2. TABLE OF CONTENTS! ! ! ! ! ! ! ! PAGE NUMBER. REVISION TABLE 4. THE FLORIDA HOUSING PARTNERSHIP TEAM 5. THE PRODUCTS, RATES, CREDIT SCORES 6. MINIMUM CREDIT SCORE 6. MAXIMUM DEBT TO INCOME (DTI) RATIO 6. THE FIRST MORTGAGE OPTIONS 6. FLORIDA FIRST 6. MILITARY HEROES 6. FLORIDA HOUSING EIN 7. Veterans Exception (Authorized by Congress)! 7. THE SECOND MORTGAGE OPTION 7. FLORIDA ASSIST 7. FLORIDA FIRST - FIRST MORTGAGE 8. Qualify as First Time Homebuyer 8. Non-Citizen Applicants 8. Homebuyer Education 8. Targeted Area Census Tract Link and List 9. Florida First Household Income Limits 10. Qualifying Properties 11. 2013 ACQUISITION (PURCHASE PRICE) LIMITS FOR ONE TO FOUR UNITS 11. FINANCING FACTS 12. MILITARY HEROES - FIRST MORTGAGE 14.
THE PRODUCTS, RATES, CREDIT SCORES There are first mortgages and a down payment and closing cost assistance second mortgage. A brief description follows but each product is detailed in this color-coded Guide.
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