Loan Benefits:

Eligible homes qualify for an exclusive mortgage loan with competitive benefits, including:               • Up to 100% Financing

       • No Private Mortgage Insurance (PMI)

       • Lower Interest Rates

       • May be combined with our Buyer's First Down Payment Assistance Solution*

Important Requirements:

      • Income restrictions apply**

      • Must currently reside in a Majority Minority (MMCT) or Low to Moderate Income (LMI)              Census Tract†

     • The new home must be located in certain counties in North Florida: Alachua, Baker, Bay,            Columbia, Duval, Hamilton, Holmes, Jackson, Lafayette, Marion, Nassau, Suwannee,                Washington

Connect with a Watson Mortgage Loan Originator to learn more! 

*The Buyers First Down Payment assistance provides $7,500 to cover up to 100% of down payment and closing costs, or $10,000 for employees (as well as the un-remarried spouses of employees who are deceased) in any of these industries: military (active duty, retired and reserves), law enforcement, corrections, and education (public or private). Availability and eligibility are subject to county-specific programs and guidelines.

**To be eligible, the applicant’s income must be 80% or less of the county Area Median Income (AMI).

†An MMCT census tract is defined as having a 50 percent or more minority population, and an LMI census tract is defined as a tract where a significant portion of the population earns an income that is low to moderate as compared to the surrounding area's median. The source of this data shall be the currently available Federal Financial Institutions Examination Council (FFIEC) data. This is not a commitment to lend.