Did you know that the city of Miami offers a program to aid first time home buyers purchase the home of their choice? With prices at a low not seen in years here in Miami; now is the time to act for qualified first time home buyers.
The City’s First Time Homebuyer program provides zero percent (0%) deferred loans to first-time homebuyers purchasing a property in the City of Miami. The buyer selects their own eligible property to purchase and meets with one of the participating lenders to be pre-qualified for a mortgage loan. The City of Miami underwrites the loan based on the first mortgage lender’s commitment. The City only accepts applications from participating lenders and they are processed on a first-come, first-ready, first-serve basis. Please refer to their Frequently Asked Questions section for more information.
The City of Miami is currently accepting applications for the First-Time Homebuyer Program
