Many first-time and repeat buyers explore down payment assistance (DPA) programs to help reduce upfront costs. These programs may offer grants, deferred loans, forgivable loans, or closing cost assistance depending on eligibility and program rules.
Common Features of DPA Programs
• Income and purchase price limits may apply
• Some programs are for first-time buyers, while others are open to repeat buyers
• Homebuyer education may be required
• The property is often required to be a primary residence
• Program availability and funding may change over time
If you’re buying in Brevard County or along Florida’s Space Coast and want to learn more about available programs and eligibility guidelines, I’m always happy to help you explore your options.
Sarah E. P. Beers
Mortgage Loan Originator | NMLS #1481311
Email: sbeers@hancockmortgage.com | Phone: (315) 573-3259
Serving Florida’s Space Coast and Brevard County, including Palm Bay and Melbourne.
Hancock Mortgage a DBA of City First Mortgage Services, LLC NMLS #3117 and is not an agency of the federal government and is not acting on behalf of or at the direction of HUD/FHA. City First is an Equal Housing Lender. Programs, rates and terms subject to change without notice. Underwriting terms & conditions apply.
Equal Housing Lender. Mortgage Loan Originator licensed in Florida.
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