• Purchasing a home while having low income is possible in the state of Florida.real estate games image by Pix by Marti from Fotolia.com
  
  Purchasing a home is one of the major expenses in life. Having a low income can cause problems such as an insufficient down payment or financing issues. The state of Florida offers some programs for low- income home buyers, including a first-time home buyer program. By utilizing these programs, a low-income buyer can fulfill his dream of purchasing a home.
  
  

First-Time Home Buyer Program

• The Florida Housing Corporation offers a program for low- to medium-income home buyers. It offers low interest mortgages to those who need them most, making housing affordable. The corporation also offers different forms of down payment assistance and closing cost assistance. These aids lessen the burden on the low-income home buyer by helping her pay the upfront costs. First time home buyers in Florida can apply for these types of programs by contacting the Florida Housing Corporation (see References).
  
  

Housing Finance Authorities

• Housing authorities are found in every region in the state of Florida. These authorities help home buyers local to their region. They offer different types of down payment assistance through local banks and also offer financial classes and different types of home buyer courses. They offer these services to individuals of all income levels.
  
  

Housing and Urban Development (HUD)

• The Department of Housing and Urban Development is a federal agency that offers many services to low-income home buyers. They have local offices and representatives in Florida. HUD offers many programs for low-income real estate seekers . These programs include mortgage searches and different loan option searches. They also offer foreclosure searches, which allow those with lower income to search for a house that has been foreclosed in their area. These home prices are sometimes drastically lower than the worth of the home and thus more affordable to low-income buyers. Home buyers can contact their local Housing and Urban Development office for more information (see References).