Bradford County SHIP Purchase Assistance Program
Special Alert
Assistance amounts vary by income. Review program guidelines to determine assistance eligibility by income level.
Maximum Purchase Price
$250,200
Contact Info:
https://www.bradfordcountyfl.gov/community 925 North Temple Ave, Suite E, Starke, FL 32091
Credit Score Requirements
Based on 1st mortgage requirements.
Deferred Payments?
Yes
Accepted First Mortgage Type:
Freddie Mac, Freddie Mac HFA Advantage, Freddie Mac Home Possible, Fannie Mae, Fannie Mae HFA Preferred, Fannie Mae HomeReady, FHA 203(b), VA, USDA / RD
Homeowners Education Class:
Required
Is Forgivable?
The funds will be forgiven on a prorated basis so that 4% of the principal is forgiven annually.
Location:
1 County: Bradford Property must be in Bradford County, FL.
Income Limitations:
Yes, based on Compliance Income (including household income) Income limits from HUD 2022 120% AMI guidelines Income cannot exceed 120% AMI as provided by Florida Housing Finance Corporation.
Maximum Assistance
$30,000 Assistance Amounts Vary based on Income Levels: Extremely Low – Very Low Income (50% AMI) = Up to $30,000 Low Income (80% AMI) = Up to $20,000 Moderate Income (120% AMI) = $10,000
Education Requirements Info:
Contact Bradford County at 904-966-6382
Eligible Property Types:
Single Family Detached Condo Townhome/PUD
Income By Household Size:
None
Qualifying Ratios:
Determined by first mortgage product or lender.
