Florida first-time home buyer programs. Get help to close.
State and county down payment assistance programs, low down payment mortgages, and first-time buyer grants available in South Florida. Learn how to buy your first home with less money out of pocket.
More programs than you’d expect. Ask us what you qualify for.
Florida has one of the most robust first-time buyer assistance ecosystems in the country — between the Florida Housing Finance Corporation, county-level programs, and federal loan products, most first-time buyers have access to at least one form of down payment assistance. The key is knowing which programs you qualify for and stacking them correctly. Our mortgage team navigates this for you at no charge.
Florida Hometown Heroes Housing Program
Benefit: Up to 5% of loan amount as DPA (max $35,000). For teachers, nurses, first responders, active military, and more.
Eligible: First-time buyers and veterans in qualifying occupations. Income and purchase price limits apply.
Florida First Program
Benefit: 30-year fixed FHA/VA/USDA or conventional loan at a below-market interest rate.
Eligible: First-time homebuyers (or no ownership in past 3 years). Income and purchase price limits apply.
HFA Preferred / HFA Advantage
Benefit: Conventional loan with 3% down and reduced PMI. Can be combined with DPA programs.
Eligible: First-time and repeat buyers. Credit score 640+. Income limits apply.
Palm Beach County DPA Program
Benefit: Up to $20,000 in forgivable down payment assistance for eligible buyers in Palm Beach County.
Eligible: Income limits at 80–120% of AMI. Owner-occupied only. Purchase price limits apply.
Broward County DPA
Benefit: Deferred second mortgage for down payment and closing costs. Various amounts based on need.
Eligible: First-time buyers. Income limits based on household size and AMI.
FHA 203(k) Rehab Loan
Benefit: Finance purchase + renovation in one loan. 3.5% down. Ideal for fixer-upper buyers.
Eligible: Must be primary residence. Renovation must be at least $5,000. Licensed contractor required.
Check Your Credit Score
FHA requires 580+. Conventional is 620+. If below, we'll refer you to credit repair resources.
Get Pre-Approved
Know your budget before you shop. Mortgage Capital offers fast pre-approvals with same-day responses.
Identify DPA Programs
Our mortgage team evaluates which down payment assistance programs you qualify for — at no cost.
Find Your Home
Work with our buyer agents to find the right home within your approved budget and target area.
Make an Offer
We negotiate on your behalf and make sure DPA program requirements are met in the contract.
Close with Confidence
Verified Title handles closing. We coordinate everything from inspection to keys.
Your first Florida home is closer than you think.
Let Mortgage Capital find the right program for you — same-day pre-approval, free guidance. Equal Housing Lender. Not a commitment to lend. All loans subject to credit approval.