Habitat for Humanity Greater Orlando and Osceola Down Payment Assistance

Only available for Habitat owned properties. Must live or work in Orange County or Osceola County to be eligible. Homebuyer must presently reside in housing that is substandard in some way or inadequate due to any of the following – housing not maintained by the landlord, cost-burdened, overcrowded housing, temporary housing, etc. Living in subsidized housing does not preclude a family from consideration. Agency loan documents are prepared by agency and agency loan funding is funded by agency. There is no Pre-Purchase Property Inspection Required. Must not have any unpaid non-medical charge-offs on your credit report. Must not have not declared bankruptcy in the last 24 months. The agency does accept lender’s u/w decision. The Agency’s loan does not require resale restrictions or covenants intended by the Agency to survive foreclosure by a senior lien holder (“run with the land”). The term of the Agency’s loan is at least as long as that of the first mortgage. The DPA program does not limit the fees on the first mortgage. This program doesn’t qualify as a Freddie Mac Affordable program. This program doesn’t qualify as a Fannie Mae Community Second. The Non-Profit location is not on the FHA Approved Non-Profit list so the funds cannot go toward the Borrower’s MRI.