Lee County 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 Lee County 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 a multi-county program and is available in Broward, Charlotte, Collier, DeSoto, Lee, Palm Beach, & Sarasota Counties.
To qualify for an Lee County 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, single family, 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 1.00% as origination, and they may not charge 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).
County |
Non-Targeted Areas |
 |
Targeted Areas |
|
|
1-2 persons |
3 or more persons |
1-2 persons |
3 or more persons |
Broward |
$95,040 |
$110,880 |
$95,040 |
$110,880 |
Charlotte |
$65,400 |
$76,300 |
N/A |
N/A |
Collier |
$86,760 |
$101,200 |
$86,760 |
$101,200 |
DeSoto |
$56,640 |
$66,080 |
N/A |
N/A |
Lee |
$73,920 |
$86,240 |
$73,920 |
$86,240 |
Palm Beach |
$88,080 |
$102,760 |
$88,080 |
$102,760 |
Sarasota |
$78,480 |
$91,560 |
N/A |
N/A |
Purchase Price Limits
Qualified properties in the program have purchase price limits.
County |
Non-Targeted Areas |
Targeted Areas |
Broward |
$386,203 |
$472,025 |
Charlotte |
$270,000 |
N/A |
Collier |
$484,178 |
$591,773 |
DeSoto |
$247,033 |
N/A |
Lee |
$324,683 |
$396,835 |
Palm Beach |
$386,203 |
$472,025 |
Sarasota |
$403,291 |
N/A |
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 |
Janet Jones |
941-697-7597 |
|
Bank of America |
Liz Kramer |
941-708-3137 x. 226 |
|
Bank of America |
Leidiana Lierena |
239-659-2251 |
|
Bank of America |
Matt McCain |
239-432-5002 |
|
Bank of America |
Bill McGowan |
941-708-3137 x. 225 |
|
Bank of America |
Janene McGowan |
941-708-3137 x. 222 |
|
Bank of America |
Robert Wills |
561-362-4852 |
|
Bank of America |
William "Bill" Boleyn |
239-659-2247 |
|
Bank of America |
Bonnie Gould |
954-832-3025 |
|
BB&T |
Tracie Allman |
239-225-9741 |
|
BB&T |
Heather Bradley |
239-225-9739 |
|
BB&T |
Ron Garris |
239-690-4862 |
|
BB&T |
Danielle Watts |
239-593-4722 |
|
BB&T |
Jennifer Veit |
561-904-7070 |
|
BB&T |
Valerie Nichols |
561-650-1552 |
|
BB&T |
Linda Merchant |
561-252-5099 |
|
BB&T |
Mike Borgwardt |
941-955-8529 |
|
BB&T |
Linda McConnell |
941-918-1061 |
|
BB&T |
Lena Reid |
941-492-2623 |
|
BB&T |
Tracy Williamson |
941-341-9513 |
|
BB&T |
Lisa Hattan |
941-358-1789 |
|
BB&T |
Gayle Goodfriend |
941-782-3702 |
|
BB&T |
Ken Wagner |
941-492-2623 |
|
BB&T |
Barbara Curtis |
941-794-6320 |
|
Busey Bank |
Debbie Rybka |
239-689-7109 |
|
Busey Bank |
Mecca Bargfrede |
239-689-8242 |
|
DHI Mortgage |
John R. Platt |
239-253-1190 |
|
DHI Mortgage |
Joel Vega |
239-313-8242 |
|
DHI Mortgage |
Dennis Zakeri |
321-725-8077 |
|
Flagship Financial Services Inc |
Debbie Healy |
800-776-8984 |
|
Flagship Financial Services Inc |
Lisa Kislia-Posta |
800-776-8984 |
|
Flagship Financial Services Inc |
Dennis Stecker |
800-776-8984 |
|
Flagship Financial Services Inc |
Giselle Peterson |
954-771-8984 |
|
IberiaBank Mortgage |
Michelle D'Auria |
239-481-5153 |
|
Real Estate Mortgage Network |
Peter Minarich |
941-782-2077 |
|
Real Estate Mortgage Network |
Loodie Alonso |
561-753-3393 |
|
Real Estate Mortgage Network |
Renee Schoenbach |
954-840-6294 |
|
Real Estate Mortgage Network |
Chris Smith |
941-782-2083 |
|
Real Estate Mortgage Network |
Paul Burch |
941-228-2108 |
|
Real Estate Mortgage Network |
Sue Klinowski |
941-961-2449 |
|
Universal American Mortgage Co |
Jon Jacoby |
727-457-4954 |
|
Universal American Mortgage Co |
Oscar Sanchez |
305-551-7001 |
|
Universal American Mortgage Co |
Carlos DeGuzman |
305-302-6323 |