Watson Realty
               Florida's 1st Time Home Buyer Program
   Own your home for the same monthly rent payment 

For a limited time Florida is offering an incentive to first time home buyers. Up to $15,000 toward your downpayment and closing costs. *We are Realtors that work with numerous lenders offering the programs listed below.

Homebuyer Education & Counseling
 Florida Housing requires the    completion of a homebuyer education course. All buyers will be coached through the entire process of purchasing.
Low to no out of pocket closing expenses
All of the bond will be utilized toward closing expenses. Once the closing costs are paid any left over funds can be used to buy down the rate or applied to the principal

Taylor was paying $1,100 to rent a 2 bedroom apartment. He purchased a $142,000 home and with an interest rate of 4.5%, his monthly mortgage which includes principal, interest, property taxes and homeowners insurance is $950.
Minimum Qualifications

We work with several lenders that have very competitive minimum requirements, such as credit score, income, and forgiveness of past collections. We team you with the best lender for your specific needs.
"My Realtor walked me through the entire process. I was teamed with a lender that specialized in First Time Homebuyer Loans. I closed on my dream home in 31 days with only $800 out of pocket."

Taylor M.
Purchased October 2015
Buyer Requirements

* Minimum 640 credit score
* Must be first time homeowners. Or haven't owned a home in the last 3 years
* Household income cannot exceed $71,890 for 1-2 members or $82,673 for 3+ members

Types of Financing Available

* FHA with 3.5% down
* VA with no money down
     Florida Bond waives First Time Home Buyer requirements for
active or prior military
* Conventional 95% financed
* Conventional 97.5% financed (Credit Score 680+ required)

Down Payment and Closing Costs Assistance of up to $15,000 for Duval County buyers is available. $7,500 for other Northeast Florida counties. Balance is forgiven after 5 years.

About Rick Mehaffey, Realtor

Multi-Million Dollar Producer at Watson Realty since 2004

Awarded Watson's South Beach Monthly Top Sales & Top Listing Agent numerous time

Selling the Jacksonville Beaches, Southside & Northern St. Johns County

1326 3rd Street South
Jacksonville Beach, FL 32250
Florida Real Estate License # SL3098280