Ep. 55 - Exploring Florida's Most Affordable Housing Options w/ Chip White

Are you curious about the options available for Downpayment Assistance? Joining us is special guest Chip White, the Director of Home Buyers Programs, to take us through the ins and outs of homebuyers assistance. Get ready to learn about their unique funding sources, including federal, state, loan origination funds, and their Hometown Heroes program. We'll also explore other special resource programs created to help people get into homes, plus the differences between bond loans and TBA loans. Find out what lenders need to qualify for the Florida Home Buyer Program and how Chip is involved with the ‘SHIP’ review committee. You’ll discover how your community is being served and assist those who may be vulnerable. 

Tune in and put your lending caps on all things affordable Florida housing! 

[00:01 - 05:01] Exploring affordable housing options with low or no interest rate

[05:02 - 15:01] FHA uses funding to create programs to meet the needs of Floridians with public-private partnerships and a tax-exempt bond program

[15:02 - 21:40] First-time home buyers: how to get the lowest rates with bond and TBA programs

[21:41 - 27:09] Uncovering the qualifications for eligible lenders in Florida's Home Buyer Program

[27:10 - 35:07] Supporting the community—how county-specific programs (SHIP) serve the needs of people 

[35:08 - 39:08] Important changes to the Hometown Heroes Program 

Quotes:

"We wanna make communities safe, affordable, good places to live, good places to work—and that's what we're all about—it’s housing." - Chip White

"You all live and work with this every day. You have to be nimble; you have to be quick. You can't wait for the next session of next year in this business.” - Chip White

"You better know your sh*t on this product. You better know it, or you're going to step in a bunch of it smelling really bad in front of that buyer ." - Quinton Harris

You can connect with Chip on LinkedIn. 

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Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/. 

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