The State of Florida realizes many Floridians have the ability to comfortably afford the mortgage payment on a good home but often have difficulty raising the money for the down payment and closing costs needed to purchase one. To help grow home ownership, the State has created the Florida Bond Program. If you have a credit rating of at least 620 and have not owned a home in the last three years, you should qualify for $15,000 in down payment assistance from the State of Florida with the Florida Bond Program. The best part is, even though the State is lending you $15,000, you do not make payments to the State of Florida for this loan until you sell your home. Each year you live in the home reduces the amount you have to pay the State back by $3000. If you live in the home five years, you do not have to ever pay the loan back, even if you sell the home at a later date. If you'd like to find out if you qualify for the Florida Bond Program, please fill out the contact form below or call us at (904) 735-5785. We'll get you in touch with an authorized Florida Bond Program lender and get you started on your way to home ownership.