The Hurricane Michael Recovery Loan Program

The Hurricane Michael Recovery Loan Program, launched September 1 offers below market 30-year fixed rate first mortgages coupled with up to $15,000 in down payment (DPA) and closing cost assistance for qualified homebuyers. DPA loans will be zero percent interest, non-amortizing and forgivable at 20 percent per year over five years. Additionally, those eligible do not have to be a first-time homebuyer to qualify for this program, though the home must be owner-occupied.  The purchase price limit for this program is $360,067! Minimum credit score requirement is 640!

Listed below are the income limits based on the county you are purchasing a home in.  This is applicant income, not household income.

If you would like to start the prequalifying home loan process, please click on the link to create an account and fill out the online application.