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What is a “First Time Home Buyer”?

July 30, 2013

Orange County SHIP/DPA guidelines stats that to be considered a “First Time Home Buyer” you must be at least one of the following.

  • An individual who has had no ownership in a principal residence during the 3-year period of time.
  • A single parent who has only owned with a former spouse while married
  • An individual who is a displaced homemaker and has only owned with a spouse

To qualify for Orange County SHIP/DPA, you must also fall within the income guidelines below;

Orange   County Florida Income Guidelines Chart
Household   Size Very Low Low Moderate
1 $20,450 $32,700 $49,080
2 $23,350 $37,350 $56,040
3 $26,250 $42,000 $63,000
4 $29,150 $46,650 $69,960
5 $31,500 $50,400 $75,600
6 $33,850 $54,150 $81,240
7 $36,150 $57,850 $86,760
8 $38,500 $61,600 $92,400
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