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MARCO HUAMAN, Real Estate Pro in Coral Gables, FL

How many financing programs, for first time homebuyers, are you aware there are in the current local Miami-Dade County market?

Asked by MARCO HUAMAN, Coral Gables, FL Sun Jan 20, 2013

For the sake of knowledge fostering; would you list them in your response? Let's enrich more agents, to help close more deals.

Help the community by answering this question:


These are the programs I have available in the marketing material from my Chase-Partner Loan Officer:

1% Mortgage Cash Back
Affordable Lending
Conditional Approval Program
First-Time Home-buyer Program
Home Equity
Military Mortgage Program

I must/need to get familiar with all of them.
0 votes Thank Flag Link Tue Jan 29, 2013
There is also an Infill Program - 1% down and ability to use MMAP (Miami Metro Action Plan) money.
NSP is also available and grants through cities.

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
0 votes Thank Flag Link Wed Jan 23, 2013
Great question: I know of MDEAT (Miami-Dade); Florida 1st-Home (State); Dade County Surtax; Bond loans, when available, FHA, FHA-203K; VA; Community Bank Homestead, CRA & Jumbo loans; certain lenders offer up to $15000 towards down & closing costs in "targeted" areas, eg. Wells, BOA, Bank United. HARP2 for homeownership retention, HAMP for recently unemployed, reduced employment, they may qualify for a loan mod too all under the new, modified HAFA Guidelines.
What others can you tell us of, please?
0 votes Thank Flag Link Sun Jan 20, 2013
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