Want a new home for the holidays? | Real Estate

It is the perfect time to start thinking about a holiday party in a new home. Pinellas County has lowered its mortgage interest rate to 4.25 percent for the Home Key 1st Mortgage program for first-time homebuyers in Pinellas, Pasco and Polk counties. 

Down payment assistance with the Home Key Plus 2nd Mortgage is also available in Pinellas and Polk Counties for qualified buyers.

The program is available to buyers who have never owned a home, or who have not owned a home in the last three years. It is also available to veterans. Buyers must have a credit score of at least 620 and are required to take a free Homebuyer Education Class.

According to Anthony M. Jones, executive director of the Housing Finance Authority, “The Homebuyer Education Class provides a step-by-step overview of the home buying process along with important information that will help buyers become successful homeowners.”

If you’ve been dreaming about buying a new home, prices are low and rates are affordable.  And if you start now, you may be able to combine a housewarming and holiday party.  For more information, visit www.pinellascounty.org/community/hfa or call (727) 464-8210.