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Homeownership Program

Escambia County Housing Finance Authority (ECHFA) helps homebuyers achieve their homeownership dream, which typically translates to Realtors seeing an increase in home sales.

We periodically launch new programs, so please be sure to revisit and bookmark our website as a resource when researching attractive Homeownership Programs for your clients.

Our homeownership program currently offers the following:



4.50% Low Interest Rate WITH Up to $8,500**, 30-Year Deferred Non-Interest Bearing Second Mortgage

Don’t wait. Afford a home now because a low interest rate means lower monthly mortgage payments. Keep your money for that all important emergency fund. Unlike most Second Mortgages, there are NO monthly payments.
Discount/Origination Fee The combined total fee not to exceed 1.00% of the principal loan amount.

4.75% Low Interest Rate WITH Up to $8,500**, 30-Year Deferred Non-Interest Bearing Second Mortgage

The Freddie Mac HFA Advantage (Conventional) Propgram Option significantly lowers the cost of Mortgage Insurance over the term of the loan.  Unlike most Second Mortgages, there are NO monthly payments.
Origination Fee The origination fee not to exceed 1.00% of the principal loan amount.
Homeownership Education Certificate Buyers utilizing the Freddie Mac HFA Advantage (Conventional) Program Option will be required to complete homebuyer education.
Fixed Rate No surprise payment increases, allowing you to better budget your income.
30-Year Loan Term Keep monthly mortgage payments low since they are spread across 360 months.
First-Time Homebuyers or
Former Homeowners
Unlike most Homeownership Programs, this one isn’t just for first-time homebuyers. Anyone who hasn’t owned a home in the last 3 years may participate.
Multi-County Don’t be fooled by our name. We don’t just serve Escambia County. We currently serve 19 Counties across Florida.
Military Veteran Support As a ‘thank you’ to our veterans, the first-time homebuyer requirement is waived for honorably discharged military veterans as defined in 38 U.S.C. 101.
Non-First Time Homebuyer Select a home in a designated Targeted Area and the first time homebuyer requirement is waived.
Income/Purchase Price Limits Not for just low income housing. Maximum Income Limits range from $59,000 up to $101,100. Purchase Price Limits range from zero up to $253,809 (up to $355,881.90 in Targeted Areas).

*All assistance program FEATURES are subject to change based on market conditions. Participating Lenders provide specific APR information as required by law. 

**Holiday Special



The following types of properties qualify for our Homeownership Program: realtor and couple

• Single-Family - Detached
• Single-Family - Attached
• Condominiums
• Townhomes



The property must be located within one of the following counties:

-    Alachuacounty map
-    Bay

 -   Bradford
-    Escambia

-    Franklin
-    Gadsden

-    Gulf

-    Hernando

-    Indian River

-    Jackson

-    Jefferson
-    Leon
-    Marion
-    Martin
-    Okaloosa
-    Santa Rosa
-    St. Lucie
-    Wakulla
-    Walton

-    Targeted Areas


Purchase Price

The total purchase price of a property may not exceed the Purchase Price Limits listed on the Participating Counties Map.

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

Contact us for more information

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

4.50% Gov't./4.75% Conv.