City of West Palm Beach Home Purchase Assistance Program
Special Alert
Maximum Purchase Price
Inquire for Details
Contact Info:
https://www.wpb.org/government/available-programs-and-incentives 401 Clematis Street, West Palm Beach, FL 33401 561-822-2222
Limitations
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?
Forgiven after 15 years of owner occupancy as primary residence
Location:
West Palm Beach Property to be located within the Corporate Limits of the City of West Palm Beach.
Income Limitations:
Yes, based on Compliance Income (including household income) Income limits from HUD 2022 80% AMI guidelines
Maximum Assistance
$50,000 Up to $50,000 for down payment and closing cost assistance
Education Requirements Info:
https://www.wpb.org/government/available-programs-and-incentives
Eligible Property Types:
Single Family Detached Condo Co-Op Townhome/PUD
Income By Household Size:
None
Qualifying Ratios:
Determined by first mortgage product or lender.
