FAQs
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FundMyHome.org is a Down Payment Assistance program managed in collaboration with Real Estate Mortgage Grants and Down Payment Assistance, Inc., a 501(C)(3) Non-Profit Organization providing enhanced homeownership opportunities to Florida Home Buyers since 2017. It fosters the American Dream, by definition, Home Ownership
Simply contact us and fill out our online application, our expert team will guide you through the process step by step.
FundMyHome.org provides Down Payment Assistance to Renters, First-Time Buyers, and anyone else buying a primary residence. Our program is open to all mortgage-qualified Florida residents, with no income limits and credit score requirements as low as 580 for FHA and USDA mortgage transactions
Yes, you must be gainfully employed or self-employed to receive Down Payment Assistance. Nevertheless, Retirees living on pensions or Social Security Income or individuals living on disability income may also be able to receive Down Payment Assistance
FundMyHome.org can help you purchase a home even after a bankruptcy or foreclosure provided that the bankruptcy or foreclosure has been dismissed or discharged three years before application. Some restrictions apply
No, Child Support is considered a Federal Debt, as such, it would disqualify you from FundMyHome.org
No, Student Loans are onsidered as Federal Debt, as such, it would disqualify you from FundMyHome.org
Yes, with FundMyHome.org you can get Down Payment Assistance with a 580 Credit Score (some restrictions apply)
Your Down Payment Assistance is conditionally approved in 5-7 days, and you can close within 30-45 days of signing your Purchase Agreement.
You can purchase Single Family Detached Homes. Duplexes, Triplexes, Fourplexes, Condos, Townhomes, and Villas
The Down Payment Assistance could be received as Non-Repayable (some conditions apply)
Yes, FundMyHome.org can assist you with the purchase of your owner-occupied Second Home, or Vacation Home, (some restrictions apply)
Yes, we provide down payment assistance in high-cost areas for all mortgage-qualified Home Buyers even when jumbo loans are required.
Foreclosed and short-sale homes are excluded from this program at this time
You need a bank account and need to show 2 months, and sometimes 12 months bank statements
Yes, provided that you receive a loan approval from one of our preferred lenders. FundMyHome.org has no income limits, even when you earn more than 80% of your Area Median Household Income
Yes, FundMyHome.org provides Down Payment Assistance for purchases inside, or outside of Government Designated Areas
Yes, FundMyHome.org provides Down Payment Assistance for home purchases exceeding Government Designated Purchase Price Limits