Palm Bay housing assistance programs — realtor & lender inquiries

Are you a lender interested in participating in purchase assistance programs serving Palm Bay, Florida homebuyers?

Palm Bay and regional housing programs require homebuyers to qualify for a first mortgage through an eligible or participating lender. If you are a mortgage lender interested in working with buyers using homeownership assistance in the city of Palm Bay, please contact the City of Palm Bay Housing and Community Development Division and Florida Housing Finance Corporation to confirm current lender participation requirements.

Questions regarding local programs or funding allocations may be directed to the municipal housing office or by phone.

Florida Housing Finance Corporation: (850) 488-4197

City of Palm Bay Housing and Community Development
120 Malabar Road SE
Palm Bay, FL 32907
Phone: 321-952-3429

Lenders should verify participation guidelines and documentation requirements directly with the City of Palm Bay or local program administrators before representing themselves as an approved lender.

Are you a realtor interested in helping a buyer use down payment assistance in Palm Bay?

Realtors are encouraged to contact the City of Palm Bay Housing and Community Development Division to confirm current program guidelines, eligible municipal boundaries, and any realtor orientation or participation requirements.

Inquiries regarding local housing initiatives and down payment assistance funding availability may be directed to the Palm Bay Housing and Community Development office.

Important: DPA Compass LLC did not identify a publicly published Palm Bay-approved realtor list. Realtors should contact the municipality directly before advertising themselves as an approved or participating Palm Bay housing program realtor.

Palm Bay. Program requirements, contacts, funding availability, and participation requirements may change. Realtors and lenders should contact the City of Palm Bay Housing and Community Development Division directly for the most current and authoritative information. DPA Compass LLC does not determine municipal approval or participation status and is not affiliated with the City of Palm Bay unless expressly stated otherwise.

Palm Bay homebuyer assistance programs

City of Palm Bay purchase assistance overview

Program: Palm Bay First-Time Homebuyer Assistance

Local down payment assistance programs may offer qualifying buyers substantial assistance toward purchase costs:

• Assistance for very-low-income applicants
• Assistance for low- to moderate-income applicants

Assistance is typically structured as a deferred-payment subordinate mortgage, with eligibility, forgivability, and repayment conditions based on household income limits and property guidelines. Programs support eligible first-time homebuyers securing approved conventional, FHA, or VA primary mortgages.

Local contacts

Community Housing Initiative (CHI)
📞 321-253-0053

City of Palm Bay Housing and Community Development
📞 321-952-3429

Prospective homebuyers and real estate professionals should contact these housing partners directly for updated program details, maximum purchase prices, income limits, homebuyer education certifications, and application guidelines.