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1. How do you reach Escambia County Housing Finance Authority (ECHFA)?

PHONE: 800-388-1970 -OR- 850-432-7077 
ADDRESS: 700 South Palafox St., Ste. 310, Pensacola, FL 32502 


2. How can ECHFA help me?

The Escambia County Housing Finance Authority (ECHFA) serves 19 counties across Florida by offering Homeownership Programs to first-time homebuyers and former homeowners (Do I Qualify?) in an effort to provide safe, decent and affordable housing. ECHFA also economically assists  developers of multi-family housing communities through the issuance of tax-exempt revenue bonds.

0%, 30 year Deferred Second Mortgage of up to $7,500* with a 5.375%* fixed interest rate.  Lenders may charge a Discount/Origination Fee not exceeding 1.00% (combined) of the principal loan amount.  The Governmental Program may be subject to Recapture Tax, view the Notice of Recapture Tax.  


0%, 30 year Deferred Second Mortgage of up to $7,500* with a 5.625%* fixed interest rate.  Lenders may charge an Origination Fee not exceeding 1.00% of the principal loan amount. 



A mortgage credit certificate ("MCC") is available in connection with any not to exceed 30 year, fixed rate mortgage loan such as Freddie Mac HFA Advantage (Conventional) Program Option.  A MCC is a Federal Tax Credit (not to exceed $2,000 per year) available each year that the borrower continues to live in the home financed under the Program.  Click MCC for more details.

3. Must the Deferred Second Mortgage be repaid? 

Yes. The Second Mortgage is not forgiven and becomes due when first mortgage is satisfied (i.e. within 30 years) or upon sale, transfer, rental or disposition of property.  happy family 2


4. What areas are served by ECHFA?

We serve a number of regions around Florida: the areas around PensacolaDestinPanama CityApalachicolaGainesvilleTallahasseeBrooksville, and Vero BeachThe 19 counties we serve are Alachua, Bay, Bradford, Escambia, Franklin, Gadsden, Gulf, Hernando, Indian River, Jackson, Jefferson, Leon, Marion, Martin, Okaloosa, Santa Rosa, St. Lucie, Walton and Wakulla. Check out Participating Counties Map to learn more. 


5. Does ECHFA handle only low-income housing?

No. We serve individuals with a wide range of income levels. Individuals of middle, moderate and low incomes are welcome to apply.

Learn the income limits for each Participating County.


6. Are ECHFA’s Programs available only to people who have never owned homes.

No. ECHFA Programs are available to not only first-time homebuyers, but also individuals who have not owned a home as their principal residence in the last 3 years.

Plus, the first-time homebuyer restriction is waived for veterans who have received an honorable discharge and individuals who select a home in one of the Targeted Areas.


7. What is the minimum credit required? 

Borrowers must meet normal standards of credit worthiness and have a FICO score of 640 or higher.


8. What type of housing is eligible? 

Single-family homes (both detached and attached), as well as condominiums, townhomes and PUDs. Learn more details on what properties qualifyunpacking


9. How long has ECHFA been in business?

We have been in business for more than 30 years and have helped thousands of homebuyers realize their dream of becoming a homeowner. This tenure has allowed us to fine-tune our skills in quickly and efficiently making the loan origination process as smooth as possible.


10. Who oversees the ECHFA?

ECHFA is under the oversight of a five-member board of citizens appointed by the Escambia County Board of County Commissioners. The Board, which meets monthly to review ECHFA’s progress, shares a passion for providing affordable housing.

For more information call us at 800-388-1970 or 850-432-7077.

* Participating Lenders provide specific APR information as required by law.

Contact us for more information

(800) 388-1970
For Homebuyers
For lenders
For Developers
Participating Counties
Interest Rate!

5.375% Gov't./5.625% Conv.