Down Payment Assistance

This program provides funding to assist eligible first time homebuyers with down payment and closing costs, as well as home repairs necessary to meet minimum housing code.

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You may qualify for up to $7,500 in downpayment and closing cost assistance through the Escambia County Housing Finance Authority. Click here to learn more.

Frequently Asked Questions


How do I Qualify
How do I Qualify

​In order to qualify, you must meet the following criteria:​

  • Be a first-time home buyer as defined by the applicable program.
  • Have successfully completed a SHIP-certified or equivalent Home Buyer Education Class​​ prior to closing.
  • Be qualified for an affordable first mortgage through a lending institution.
  • Must obtain a home inspection from an approved inspection service​.​
  • Meet other requirements depending on funding source.
  • True
    What income category does the program serve?
    What income category does the program serve?

    Very Low, Low Income, and Moderate Income depending upon funding availability.​

    False
    What are the award limits?
    What are the award limits?

    Maximum loan is subject to available funding.​

    False
    What are the terms of the loan?
    What are the terms of the loan?

    Funding is provided in the form of a 10 year deferred second mortgage. Mortgage is due on sale, refinance or transfer of property, or satisfaction of term.​

    False
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