Down Payment Assistance

Building Communities

Buyer's first Down payment assistance & Community First Mortgage

Flexible Loan Solutions

Dreaming of owning a home?

With First Federal Bank's Buyer's First Down Payment Assistance1, you can gain financial stability and peace of mind knowing that we are here to provide specialized support to help you achieve your homeownership dreams. The Buyer's First Down Payment Assistance is a second mortgage subsidy designed to provide assistance to borrowers struggling to meet the down payment requirements when purchasing a home. What's even better is that you can maximize your savings by combining down payment assistance with our Community First Mortgage1. Here's what you can expect from our Buyer's First Down Payment Assistance:

  • Up to $10,0002 in assistance to cover up to 100% of your down payment, reducing your out-of-pocket expenses.
  • Exclusive availability in specific3 North Florida counties.
  • Homebuyer education and counseling services are required.


Experienced loan officers to help guide you through the loan process.

Find your perfect mortgage loan officer today.

Community First Home Mortgage

In addition to down payment assistance, we also offer the Community First home mortgage, designed to help borrowers afford owning a home. This solution can be used in conjunction with our Buyer's First Down Payment Assistance.

Eligibility Requirements

  • A minimum FICO score of 600
  • A debt-to-income ratio of 50% or less
  • Borrower income at or below 100% of the county's Area Median Income (AMI)1
  • The property must be located in a specific3 county in Florida
  • Completion of homebuyer education and counseling services

Benefits of the Community First Home Mortgage

  • Up to 100% financing
  • Lower interest rates
  • Flexible down payment requirements
  • No Private Mortgage Insurance (PMI) required

Need help?

At First Federal Bank, we are committed to building communities and ensuring access to credit for all borrowers. These products are just one way we fulfill this commitment and help borrowers achieve homeownership.

Don't let the down payment stand in the way of your homeownership dreams. Take advantage of our exclusive assistance solutions and let us help you make buying a home a reality. Contact us today to get started!

If you need help or would like to discuss your options, fill out the form below and one of our loan officers will be happy to help.

1) To qualify, the property must be used as a primary residence, located in a Majority Minority Census Tract (MMCT) within the approved Florida Counties: Clay, Duval and Marion.
2) 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 and private).
3) The applicant's income must be 100% or less of the county Area Median Income (AMI).
Availability and eligibility are subject to county-specific programs and guidelines. Terms and conditions apply.
© First Federal Bank is an FDIC insured nationally chartered mutual savings bank approved lender. Restrictions may apply. This offer is subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an obligation to lend. Loans are subject to credit and property approval. Trade/Service marks are the property of First Federal Bank.

First Federal Bank: Residential Lending Mortgage NMLS: 408902
Equal Housing Lender