Orlando homebuyers are discovering powerful ways to slash their upfront costs—qualifying for $35K to $80K in down payment and closing cost assistance by stacking local and state programs. By combining FHA loans or VA loans with the City of Orlando, Orange, Seminole, or Osceola County, and the Florida Hometown Heroes assistance, many buyers effectively cover nearly all their required cash to close. These programs are especially impactful for first-time buyers, essential workers, veterans, educators, and healthcare professionals. This post breaks down eligibility, application steps, and strategies that loan officers and mortgage professionals can use to guide clients toward significant savings and faster homeownership.

Discover how the USDA One-Time Close Construction Loan enables low- to moderate-income homebuyers to build their dream home in eligible rural areas with no down payment. Learn about the benefits, process, and answers to common questions.

Explore the FHA One-Time Close Construction Loan, designed for first-time homebuyers and those with lower credit scores. This program combines construction and permanent financing into a single loan with a low down payment, simplifying the path to your new home.

Learn about the VA One-Time Close Construction Loan, an exclusive benefit for veterans, active-duty service members, and eligible spouses. This loan allows you to build a new home with zero down payment, combining construction and permanent financing into a single, streamlined process.

As mortgage interest rates rise from the historically low levels seen during the COVID-19 pandemic, first-time homebuyers face new challenges. This guide offers effective strategies to navigate the current market, including enhancing credit scores, exploring assistance programs, and considering alternative mortgage options.