Florida Down Payment (Bond Money) Can I Get It?
By Steve Vitani, Brevard County MLS Viera Fl Real Estate Viera Florida, Suntree
(RE/MAX ELITE, Brevard County FL)
Florida Down Payment (Bond Money) Can I Get It??....... YES YOU CAN!! You have heard about some type of Bond Money but you hear it's hard to get? So, Can I get a hold of this money, you ask? and How? You hear it is always running out? You hear it is ONLY available to LOW INCOME? well that's not necessarily the fact! First thing is- which Bond Program are you hearing about? There are different types of Bond Money Programs, there is usually some type of County or City Bond Program which can be a very limited pool of funds and a waiting list of people who have applied for it months ago. Those local programs carry some more restrictive guidelines in order to obtain the funds. Guidelines such as- Lower Debt to Income Ratio, Lower to moderate Income levels will also depend on the amount of fu...
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