How Can I Buy a Home? PART 4- Loan Programs -FINANCING- Palm Coast FL


Are you a first time home buyer? Check out these loan programs below. 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.
Loan Programs Available to Home Buyers:

USDA 100% Financing Program (available in more rural areas):

  •         Zero down payment,
  •         640 minimum credit score
  •         Property must be located in targeted area.
  •         Income restrictions apply. Check income eligibility.  
  •         NO Monthly PMI or Private Mortgage Insurance
  •         Seller can pay 6% of purchase price toward closing costs



FHA Program

  •         Low down payment
  •         620 minimum credit score
  •       Parents or family member can co-sign on loan
  • Down payment can be 100% gift or down payment assistance or grant funds
  •         Seller can pay 6% of purchase price toward closing costs

Good Neighbor Next Door

  •         Get home at 50% discount on home in target areas.
  •         Must be law enforcement, police officer, teacher, firefighter, or emergency medical technician to be eligible for this program
  •         Low Down Payment Option available in HUD Participating Communities.


Home Possible Neighborhood Solution Program

  •         You may be eligible for this program if you are a Teacher, Law Enforcement Officer, Firefighter, Healthcare Worker, Nurse, Emergency Medical Technician (EMT), or Military Personnel
  •         620 Credit Score
  •         Reduced mortgage insurance which means lower monthly mortgage payment
  •         Flexible Qualification Guidelines

VA Loan

  •         0 down payment
  •         Great fixed rate loan program with 0 Down Payment for veterans or active military personnel in Army, Navy, Marine Corps, Air Force, Coast Guard, and National Guard. Reservists eligible with 6 years service.
  •         620 minimum credit score
  •         No maximum loan limit
  •         Single family home-VA approved condo-townhome

FHA Streamline 203k Renovation Loan

  • Repairs which range from $5,000-$35,000+ may be included in loan amount.
  • Great program to fix up foreclosures.

  sale-real-estate-sign-house-8841339WHO DO I CONTACT?

I work with the best professionals – Realtors, inspectors, insurance agents, accountants, financial advisors in the industry today! Contact me today and I will make my recommendations!

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:

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:

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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