Are you a Teacher, an EMT, a Polk County area law enforcement officer, teacher, firefighter looking to purchase a home? The FHA Good Neighbor Program might be a solution for you!
The Department of Housing and Urban Development (HUD) has established this Good Neighbor Next Door Sales Program as a means of offering people in these specific professions the opportunity to buy a home for as much as 50% off its normal purchase price.
The borrower must be employed as a law enforcement officer, 
teacher,Firefighter firefighter or EMT at the time he/she submits a bid to purchase a home through the program and at the time of closing on the purchase of the home. He/she must also certify to his/her good faith intention to continue employment in the same capacity for at least one year following the closing date.
The borrower(s) must not have owned any residential property during the year prior to the date a bid is submitted on the home being acquired through the Good Neighbor Next Door Sales Program. The borrower(s) must also never have previously purchased a home under the Good Neighbor Next Door Sales Program (or under the Officer Next Door Program or similar programs).
Teacher The program participant must be the borrower and must qualify for the mortgage. It is not acceptable for a spouse or other parties to qualify for the mortgage in their name or names only.
NOTA BENE: Only single-unit properties acquired by HUD located in HUD-designated revitalization areas (except occupied properties), those located in Asset Control Areas, or those that HUD has determined will be sold through an alternative sales method, will be available to eligible participants under the Good Neighbor Next Door Sales Program
Contact Me for more details to see if this can benefit you at 863-604-3019.
Re-blogged with permission from Brian Brady
WHFD Photo Credit: hyku
I hope you found this post useful! As always, if you or anyone you know is in need of a local Florida mortgage loan originator, I’m your guy. Call me at 888-859-7418 or apply online for your Florida mortgage. We’ll keep you posted and let you know when it’s time to pull the trigger!
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