DORAL ARTICLES

Benefits of applying to the Florida Housing Finance Corporation's loan program

The Florida Housing Finance Corp., is offering a 30-year fixed low-interest rate mortgage, first payment and closing cost support. It is for individuals who don’t have possession of a home, haven’t declared a mobile home as property, haven’t bought their primary dwelling in the past three years and have recognized a credit merit. Individuals may contact a lender from the corporation’s website list to get pre-qualified. Lenders will verify your eligibility to pay back the mortgage by examining your income, employment background, total monthly debts and credit history. A Real Estate Agent can assist people find a home and discuss the agreement. Qualified properties within the program include new or used single-family homes, townhouses, condo units or duplex. Mobile homes are not included.