Gulf Stream, Florida Home Buyer Grant
Gulf Stream Home Grant Qualifications
- 580 Credit Score Required
- Grant is completely forgiven – no repayment required!
- Grant can be used for down payment and/or closing costs
- Seller Credit of 6% is allowed
- Gift funds are allowed!
- Borrower(s) not required to be First Time Homebuyers.
- Income limit is based on qualifying income used for transaction, not household income.
Gulf Stream, Florida Mortgage Brokers are standing by to assist with mortgage questions and pre-approvals. Making the dreams of owning a Gulf Stream, FL home a reality since 1997.
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The Gulf Stream, together with its northern extension the North Atlantic Drift, is a warm and swift Atlantic ocean current that originates in the Gulf of Mexico and stretches to the tip of Florida, and follows the eastern coastlines of the United States and Newfoundland before crossing the Atlantic Ocean. The process of western intensification causes the Gulf Stream to be a northward accelerating current off the east coast of North America. At about 40°0′N 30°0′W / 40.000°N 30.000°W / 40.000; -30.000, it splits in two, with the northern stream, the North Atlantic Drift, crossing to Northern Europe and the southern stream, the Canary Current, recirculating off West Africa.