Broward County Homebuyer Purchase Assistance Program (HPA)

Special Alert

Maximum Purchase Price


Contact Info:



Credit Score Requirements

Based on 1st mortgage requirements.

Deferred Payments?

Yes, for 15 years

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:


Is Forgivable?

Forgivable if home remains owner occupied as primary residence for 15 years.


1 County: Broward Eligible properties must be in one of the following areas: Unincorporated Broward County Coconut Creek Coral Springs Cooper City Dania Beach Davie Hallandale Beach Hillsboro Beach Hollywood Lauderdale by the Sea Lauderdale Lakes Lazy Lake Village Lighthouse Point Margate Oakland Park Parkland Pembroke Park Plantation Sea Ranch Lakes Southwest Ranches Sunrise Weston West Park Wilton Manors

Income Limitations:

Yes, based on Compliance Income (including household income) Income limits from HUD 2022 120% AMI guidelines The Broward County Income Category Chart is based on the U.S. Department of Housing and Urban Development (HUD) Income Limits Documentation System. Gross annual household income may not exceed 80% of the area median income (AMI), except for Hollywood, which may not exceed 120% AMI. NOTE: Our program model uses highest income level category applicable for program (120% AMI). It is up to the lender to make sure the applicant’s income falls into the correct guidelines for program. Primary borrower source of income must represent at least 75% of the qualifying income.

Maximum Assistance

$80,000 Up to $40,000 for a purchase in most areas. Up to $50,000 for Coconut Creek, Davie, Margate, Plantation or Hollywood. Up to $80,000 for Weston.

Education Requirements Info:

Applicants must attend a Home Buyer Education workshop provided by a HUD approved housing counseling/education agency located in South Florida. Online education certificates accepted only from South Florida agencies. Workshop certificate may be no older than 12 months prior to closing. For your convenience, here is a list of local agencies: https://www.broward.org/Housing/Documents/CertifiedHUDApprovedHousingCounselingAgencies5-22.pdf

Eligible Property Types:

Single Family Detached Condo Townhome/PUD

Income By Household Size:

At least 3% of purchase price must be “non-borrowed”. Buyer to pay at least 1% of purchase price, 2% may come from gift or concession. VA loans have different down payment amount.

Qualifying Ratios:

Housing Ratio: Between 25% and 38% Total DTI: Up To 46% Debt-to-Income (DTI) ratios-floor 25%; preferred front around 38% DTI back ratio cannot exceed 45% conventional; 46% FHA
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