Orange County Housing Finance Authority (OCHFA) – Central Florida Homebuyer’s Dream Program (Government) – Targeted Areas

Special Alert

Program limited to homes in targeted areas.

Maximum Purchase Price


Contact Info:

Local HFA



Credit Score Requirements

Minimum Credit Score: 640

Deferred Payments?

Accepted First Mortgage Type:

FHA 203(b), VA, USDA / RD

Homeowners Education Class:

Not Required

Is Forgivable?


4 Counties: Lake, Orange, Osceola, Seminole Includes all of Lake, Orange, Osceola and Seminole counties.

Income Limitations:

Yes, based on Compliance Income (including household income) Income limits from Agency-defined 2022 guidelines Must calculate employer income and all other sources of income. All income must be included unless it is listed as excluded in the guide. The income of the Cosigner is not required to be considered when determining income limit eligibility for the purposes of the program. Evidence must be provided to show the borrower has sufficient income to make the monthly mortgage payment.

Maximum Assistance

Education Requirements Info:

Eligible Property Types:

Single Family Detached Condo Townhome/PUD

Income By Household Size:

HH1-2HH3-8 $99,480$116,060 *Income limits as of 05/15/2023

Qualifying Ratios:

Housing Ratio: — Total DTI: Up To 50% • The program maximum DTI ratio is 45% for FHA, VA, USDA-RD loans with a minimum 640 FICO. • The program maximum DTI ratio is 50% for FHA loans with a minimum 680 FICO. • Lenders must comply with Mortgage Insurance DTI requirements which may limit the maximum DTI for borrowers with a FICO under 700.