400 South Federal Highway
Hallandale Beach, FL - 33009
The City of Hallandale Beach assists homebuyers with the cost of construction of a new single family home or the purchase of an existing home, condominium, or townhouse.
The City provides a lump sum of $25,000 or $50,000 that can be used to purchase a lot, construction cost and/or closing costs or to lower mortgage. Preference is given to Police, Fire Fighters, Teachers and City employees.
The assistance will become a second mortgage with no interest. No payments will be due as long as you live in the house.
Highland Park Village
You must apply and be approved by a financial institution (bank, credit union or mortgage broker) for the additional funds to pay for the cost of the new construction. The assistance will be disbursed upon the closing on the loan with the lender.
The City owns several vacant lots that may be purchased at the assessed value.
You are employed or retired.
You have an acceptable credit score.
You obtain a first mortgage from a financial institution for the additional funds.
You are able to provide 3% of the mortgage amount as a down payment.
|Nov 23, 2015||$500.00|