Florida Down-payment assistance

[Christopher Montoya]

Hello BP members! Has anyone had the experience of purchasing their first or their next property through the Florida housing approved lenders for grants and or second mortgages? Any advice?

Me and my wife will be purchasing our first home together later this year. We have enough reserves in the bank to do a Conventional 97 loan with 3% down. Our problem is we are looking to possibly qualify for a grant in order to help us pay for closing costs. Main reason is we would be thin on our reserves if we had to pay for it all and we have our first child that was born in December, so we have a few expenses coming up with daycare etc.

Any advice would be great! Thanks.