Media Release

30 Year Fixed Rate 4.50% First Mortgages Available

Thursday, November 21, 2013 9:15 AM

ALACHUA COUNTY, FL - The Alachua County Housing Finance Authority is pleased to announce the availability of 30-year fixed rate 4.50% first mortgages with down payment and closing cost assistance up to $10,000 for first time homebuyers.  Down payment and closing cost assistance is provided as a 0%, non-amortizing 30-year deferred second mortgage. 

This program is being offered through a partnership with the Escambia County Housing Finance Authority by the Board of County Commissioners of Alachua, Bradford, and Marion Counties and the Housing Finance Authorities of Alachua and Marion Counties. 

Borrowers must be first-time homebuyers who have not had a present ownership in a principal residence during the past three years.  Qualified veterans do not need to be first-time homebuyers.  Borrowers must meet normal mortgage requirements to demonstrate credit worthiness and must occupy the purchased home as their principal residence. 

View the informational flyer (PDF).

For more information, contact the Alachua County Housing Programs Office at 352 337-6283. 

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Contact

If you have a disability and need an accommodation in order to participate in a County program, service or public meeting, please contact the Alachua County Equal Opportunity Office at 352-374-5275 at least 2 business days prior to the event. TTY users please call 711 (Florida Relay Service).

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