Penney Farms, Florida Home Buyer Grant

 

 

Do you meet the general criteria for a home loan in Penney Farms, FL but lack the down payment?
Because this happens far too often Smart Mortgage Centers has created forgivable grant programs in Penney Farms that provide down payment and closing cost assistance for borrowers who would otherwise qualify for a mortgage.
Smart Mortgage Centers offers Homebuyer Grants in Penney Farms. Grants for homebuyers in Penney Farms, FL are not limited to first time homebuyers.  In order to qualify for the Grant Program the 1st mortgage will be completed by Smart Mortgage Centers

Penney Farms 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.

 

Penney Farms, Florida Mortgage Brokers are standing by to assist with mortgage questions and pre-approvals. Making the dreams of owning a Penney Farms, FL home a reality since 1997.

 

Call Now (888)429-6601 for a no obligation free quote.

     Find your GRANT now!

    MINIMUM LOAN AMOUNT $60,000

    Penney Farms is a town in Clay County, Florida, United States. The population was 749 at the 2010 census.[5]

    In 1926, department store pioneer J. C. Penney founded the community of Penney Farms. He planned to develop an experimental farming village. The state of Florida incorporated the town in 1927. The real estate decline and stock market crash, however, caused Penney to scale back his ambitions to a community for retired ministers in honor of his father. Today, the Penney Retirement Community is a 192-acre (0.78 km2) home to Christian laypeople as well as clergy and missionaries.

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