Sumter County SHIP Purchase Assistance without Rehabilitation

Special Alert

Maximum Purchase Price


Contact Info: 319 East Anderson Ave, Bushnell, FL 33513 352-689-4400


Credit Score Requirements

Based on 1st mortgage requirements.

Deferred Payments?


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?

No forgiveness


1 County: Sumter Property must be located in Sumter County

Income Limitations:

Yes, based on Compliance Income (including household income) Income limits from HUD 2022 120% AMI guidelines Cannot exceed 120% AMI – Moderate Income Income adjusted annually by Florida Housing Finance Corporation, which uses HUD income limits

Maximum Assistance

$10,000 Maximum assistance $10,000 for all eligible income levels.

Education Requirements Info:

Applicants are required to participate in homeownership counseling provided by UF/IFAS extension office and provide a certificate of completion before closing.

Eligible Property Types:

Single Family Detached Condo Townhome/PUD

Income By Household Size:

HH1HH2HH3HH4HH5HH6HH7HH8 $63,360$72,360$81,360$90,360$97,680$104,880$112,080$119,280 *Income limits as of 05/09/2023

Qualifying Ratios:

Determined by first mortgage product or lender.