I get asked a question just about every day regarding the HFA of Lee County - Own a Home Opportunity Program and the Own a Home Opportunity Grant Program. It goes something like this;
The confusion is understandable so I have no problem answering this question. In fact I love answering it because I know I am providing the person asking me these types of questions with information on one of the most beneficial Down Payment Assistance Programs in our market today.
How the program works is similar to many of the current Down Payment Assistance Programs available at the State level through Florida Housing like the HFA Preferred Program and the Government FL Assist programs. I find that the Own a Home Opportunity Grant Program has some distinct advantages. They are the following;
1 No 1st time buyer requirement
2 Household income = 1003 Credit Qualifying Income (don't have to use income of household members not on the loan application)
3 Household income limit in Plam Beach County of $98,100 (as of the day of this blog)
There are some many other great apsects of this program that I will be writing about in the future so be on the lookout for my upcoming blogs. In the meantime if you have any questions feel free contacting me.