How Can I Buy a Home? PART 3- Assistance Programs Palm Coast FL

Buyer Assistance Programs

You may find it difficult in getting qualified for an assistance program, you will still need to meet requirements such as particular credit scores. As for particular loan programs, there are some loan types are ONLY on one particular home… it can get quite confusing. Your best bet would be to go to the links I share and read thoroughly. Each site has different qualification methods, there should be contact info on these sites should you have questions. Once you are all set with a program and pre-approved, contact me and we can get started!

If you live in Palm Coast FL, Flagler Beach, Bunnell, Beverly Beach, the Hammock, St Augustine, Hastings, Ormond Beach – and want to be a First Time Home Buyer, contact me to get started 386-589-9037.

Down Payment Assistance Program

Flagler SHIP Program and/or Volusia County Home Buyer Assistance. Assistance for low-income families to help with home purchase, must qualify. There is only a specific amount of $ available in this program. There is a waiting list. Credit counseling / Home Buying course in Volusia County is required.

Click the following links for more info:        Flagler SHIP Brochure
Volusia HBA Program      2018 First Time Homebuyer Class Schedule   Contact me for more information and the list of steps to take!

DOWN PAYMENTNO MORE 20% DOWN! There are loan programs available offering 3.5%-5% down. What does that look like?

House Purchase: $200,000 — $7000 down.

House Purchase; $100,000 —-$3500 down

Did you know you can borrow from Life Insurance or 401K to use as a down payment on a home?

CLOSING COSTS – Most likely you will need 2-5% of purchase price towards closing costs. More info:

In case you were not aware, Florida offers down payment assistance programs, and I am an APPROVED lender to offer it to my clients!

The Florida Assist Loan Program – is a $7500 (in Flagler County) downpayment assistance program that is provided in the form of a 0% interest second mortgage. There are no monthly payments made but the loan will become due when the first mortgage is satisfied or the borrowers no longer occupy the home as their primary residence.

The HFA Preferred PLUS Grant – is a downpayment assistance program that provides qualified borrowers with a percentage of the purchase price of their home in the form of a non-repayable grant and is only available with a HFA Preferred PLUS Loan.

REQUIREMENTS (include but not limited to):

  • Must qualify for a first mortgage with a Florida Housing approved lender -ME!
  • Cannot own a home within 3 years
  • Maximum sale price limit based on county
  • Single family, 2-4 family, condos and PUDs (must meet FHA or conventional criteria).
  • Owner Occupied Only
  • Home Buyer Education course required
  • Minimum contribution required by borrower
  • Exempt for document stamps and intangible tax
  • Seller must pay deed stamps
  • Income limits apply
  • Property must be in the state of Florida
  • May require a minimum 640 credit score

The FL Bond FL Assist down payment assistance program link is
Go to the “Home Wizard” here to see if you qualify.

Additionally, potential borrowers must:

  • Complete a Homebuyer Education Class – click here for a FANTASTIC one:
  • Approved HUD Homebuyer Education Class click here

Mid-Florida Housing Partnership Inc. SHIP Program. Click here for the pamphlet. Assistance for low-income families to help with home purchase, must qualify.Contact: (800) 644-6125 Ext. 301 is the official Website for Fannie Mae-owned properties. A foreclosed property can represent a great opportunity and a good value — but a HomePath property can offer even more. Some homes may qualify for special incentives, which will be clearly indicated on the property details page of an eligible property. Their goal is to sell properties in a timely manner in order to minimize the impact on the neighborhood. More info click here. Additional assistance to the buyer be available. Click here for the flyer.

Find a Home during First Look. HomePath offers owner occupants (homebuyers who will live in the home as their primary residence) an exclusive “first look” at newly listed foreclosed properties. During the First Look™ marketing period, you can make an offer and purchase a HomePath home without competition from investors. Look for the First Look logo to see which properties are still in the First Look marketing period.

HOPE Program Operation HOPE is committed to helping people in low-wealth neighborhoods become homeowners and community stakeholders.The Operation HOPE Home Buyers Program is designed specifically for low-wealth individuals who ordinarily would find homeownership difficult, if not impossible. We help our clients get the funding they need to own a home without resorting to sub-prime loans.



Flagler Habitat for Humanity believes that every man, woman and child should have a decent, safe and affordable place to live. We build and repair houses all over the world using volunteer labor and donations. Our partner families purchase these houses through no-profit, no-interest mortgage loans or innovative financing methods. Click here to fill out the interest form.


I work with the best Realtors in the business. Contact me today and I will make my recommendations!

If you are looking for First Time Home Buyer programs in Flagler County FL, be on the lookout for my next blog. As a first-time home buyer, you’re on your way to being better prepared for getting a mortgage and buying your first home. Don’t take chances. Do your research and ask lots of questions. Contact me anytime if you would like more information 386-589-9037; email:

Closing Costs:

Credit & Buying a Home:

First Time Home Buyers: How to Purchase Part 1:

First Time Home Buyers: How to Purchase Part 2:

First Time Home Buyers: Down Payment Assistance:

Loan Programs More:

More on Interest Rates:

Pet Friendly Lender

Danielle Desousa is originally from beautiful northern Michigan, but has lived in Daytona Beach and Palm Coast Florida since 2000. She is a graduate of Daytona State College with a bachelor’s degree in Business Management and has more than 17 years of experience in the real estate and mortgage industry. As a mortgage loan originator, she uses her experience and true entrepreneurial spirit to help clients succeed in their goals as well as to bring an enhanced quality of life to families and the community. Danielle is married to Paul, and together they have one son. She is also an avid pet lover and, in her free time, enjoys going with her family (including her doggies) camping and exploring areas in their travel trailer. Danielle is passionate about her community and giving back. She is a huge advocate of Flagler Humane Society, and is a committee member of the Flagler Humane Society thrift store, and an affiliate of Young Professional Network of Flagler County Association of Realtors. Danielle is a mortgage loan originator who thrives on solutions, results, and reliability. She serves Palm Coast, FL and the surrounding counties. Call, text, or email Danielle with any questions you may have or to schedule an appointment. FLAGLER PET-FRIENDLY LENDER! As a lifelong animal lover, volunteer, and a "mom" of many pets over the years, I know the amount of love an animal brings to a family. Therefore, I feel there is no better way to celebrate your new home than by adopting a pet to make it complete. Contact me today for more information about local shelter PET ADOPTIONS!

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