Hillsborough HFA Bond Program
If you’ve ever dreamed of owning your own home but felt that buying a home was a little beyond your reach, the Hillsborough Housing Finance Authority may make your dream easier to achieve with their ownership program. This program offers a 30-year fixed rate mortgage and a second mortgage available for down payment and closing cost assistance.
This program is available in all of Hillsborough County including the City of Tampa.
To qualify for an Hillsborough HFA Bond Program loan you must meet the program the program requirements listed below.
Any of the following listed below qualify as a first-time buyer:
*A person who has not owned and occupied their principal residence in the last 3 years.
*A person who has never owned their principal residence.
*A qualified military veteran.
*A person purchasing a home in a Targeted Area.
And you must also:
*Be credit worthy, there are minimum credit scores in this program.
*Have a fully executed sales contract for a specific property.
Properties must also be able to qualify in the program. What qualifies - New or existing, one to four unit, detached or attached, condo and manufactured homes.
What homes do not qualify? Mobile, recreational, seasonal or other type of vacation or non-permanent homes are not permitted in the program.
Fees in the program
Lenders may charge 0.5% origination fees, but no discount fees for conventional loans. No origination or discount fees are permitted for governmnet loans. Lenders may not charge any additional points.
There is a $225 Bond Application Fee payable at closing by the buyer or seller.
Income Limits
There are income limits in this program. You must include the income of everyone who will reside in the property who is 18 years of age or older (even if they will not be party to the mortgage).
 |
1-2 persons |
3 or more persons |
Targeted/Non-Targeted Areas |
$71,280 |
$83,160 |
Purchase Price Limits
Qualified properties in the program have purchase price limits.
|
Non-Targeted Area |
Targeted Area |
New or Existing |
$258,690.60 |
$316,177.40 |
Participating Lenders
Listed below are the loan officers who’ve been actively participating in this bond program. This list is updated on a monthly basis.
Institution |
Name |
Phone Number |
|
Bank of America |
Carol Vranek |
727-773-8333 |
|
Bank of America |
Deborah Taylor |
727-456-6804 |
|
BB&T |
Ken Wagner |
941-739-7023 |
|
BB&T |
Robert Hinsch |
813-636-9101 |
|
DHI Mortgage |
Melissa Coury |
813-486-8987 |
|
DHI Mortgage |
Aimee Kirby |
813-740-9740 |
|
DHI Mortgage |
Karey Larkins |
813-480-5461 |
|
DHI Mortgage |
Catherine Miller |
813-549-1857 |
|
HomeBanc |
Carol Chase |
813-817-2040 |
|
HomeBanc |
Theresa Simiriotis |
813-786-5555 |
|
HomeBanc |
BJ McKitty |
813-749-2949 |
|
HomeBanc |
Mark Zihmer |
813-315-2981 |
|
HomeBanc |
Mike Alea |
813-315-2972 |
|
MFC Mortgage |
Sandro Sierra |
813-753-9368 |
|
Real Estate Mortgage Network |
Sue Klinowski |
941-961-2449 |
|
Ryland Mortgage Co |
Shannon Boylan |
813-627-6149 |
|
Shelter Mortgage |
Donna Slagel |
863-682-7500 |
|
UAMC |
Karlene Mynahan |
813-380-7248 |
|
UAMC |
Anthony Darlak |
813-380-7157 |
|
UAMC |
Cristina Avila |
727-858-0964 |
|
UAMC |
Vivian Garcia Suarez |
813-249-7668 |
|
UAMC |
Joshua Lynch |
813-316-8718 |
|
Wells Fargo |
Laurie King |
813-207-4466 |
|
Wells Fargo |
Emily Lara |
813-662-5213 |