The Tallahassee Lenders' Consortium (TLC) provides down payment assistance from the City of Tallahassee and Leon County to first - time home buyers like you.
There are only a few requirements to be eligible for this program:
PLEASE NOTE: These figures are your GROSS income - before taxes. These figures are subject to change annually.
DOWN PAYMENT ASSISTANCE:
The down payment assistance provided is in the form of a second mortgage loan. No interest is charged and no payments are due on the loan until any one of four things happen:
If any one of these four things happens, you will be required to pay off the second mortgage.
DOWN PAYMENT ASSISTANCE COVERAGE & LIMITS:
TLC's Down Payment assistance covers:
First Time Home Buyer
How Our Process Works
|Leon County Limits|
|Leon County - Regular up to $10,000|
|Leon County - 203k up to $15,000|
|Tallahassee City Limits|
|Up to $7,000 Maximum|
|Up to $12,000 less than or equal to 50% AMI|