Do I Qualify?
You qualify to apply for the Escambia County Housing Finance Authority Program if you answer YES to ANY of the following
|You are a first-time homebuyer because you have never owned a home as your principal residence.|
|You have not owned a home as your principal residence within the last 3 years.
|You have owned a home as your principal residence within the last 3 years, but want to purchase a home in a federally designated Targeted Area.
|You are a veteran who has owned a home as your principal residence within the last 3 years, but received an honorable discharge and plan to use the new home as your principal residence.
AND you answer YES to ALL of the following:
|You meet normal mortgage requirements of credit worthiness.|
|You have a minimum 660 FICO score for FHA Loans or 640 for USDA-RD and VA Loans. Contact a Participating Lender to check your score.|
|You have a household income or purchase price that does not exceed the limits listed on the Participating Counties Map.|
|You select a home within one of the Participating Counties.|