Solita’s House Inc. (SHI) Down Payment Assistance Loan (DPAL) Program

Special Alert

Maximum Purchase Price


Contact Info: 3101 E. 7th Ave, Tampa, FL 33605 813-425-4847


Credit Score Requirements

Minimum Credit Score: 640 Must have credit score above 640.

Deferred Payments?


Accepted First Mortgage Type:

Freddie Mac, Freddie Mac Home Possible, Fannie Mae, Fannie Mae HomeReady, In-house

Homeowners Education Class:


Is Forgivable?

No forgiveness.


1 State: FL Program is available statewide in FL.

Income Limitations:

No Technically there are NO income limits for the program; even though assistance amounts are determined by income level categories: 80% or < AMI; 80.1% – 120% AMI; 120.1% + AMI.

Maximum Assistance

$15,000 Assistance amount varies, based on income category of applicant. up to $15,000 for 80% or < AMI; up to $10,000 for 80.1% – 120% AMI; up to 3.5% for 120.1% + AMI (Up to a max of $5000).

Education Requirements Info:

Eligible Property Types:

Single Family Detached Condo Townhome/PUD

Income By Household Size:

Buyer contribution requirement is based on income category of applicant: $1000 if income is 80% or < AMI; $2000 if income is 80.1% – 120% AMI; $3000 if income is 120.1% + AMI.

Qualifying Ratios:

Housing Ratio: — Total DTI: Up To 41% Housing payment + debt that appears in your credit report cannot exceed 41%.