Lenders / Partners
Pasco County's housing programs could not function without the assistance of its partners, particularly lenders, realtors, and homebuilders. Realtors help homebuyers find the house that they want that meet the needs of their families, enders find the best loan product for inexperienced homebuyers, and homebuilders build the dream homes that families have always wanted.
Effective immediately, all of Pasco County’s Homebuyer Assistance Program funds for moderate income have been encumbered. Complete, accurate, and eligible reservations currently under review will be processed accordingly.
Funding is available for “very low and low income” households. We anticipate releasing invitations to apply for the new Homebuyer Assistance Program cycle in July 2018.
We are accepting reservations for "very low and low income" households on a first come, first served basis. All reservations will be checked for compliance with the new Board of County Commissioners policy on flood zones, sinkholes, and repetitive loss areas. If a reservation does not meet this criteria, it will be rejected.
Please send in all reservations via email to Louise McIntyre. Fax reservations will not be accepted.
Do not send a reservation in with the package as there will not be a guarantee of funding – send it in as soon as possible.
Please ensure that any lenders you are working with have submitted reservations for upcoming purchases using our HAP assistance.
Your Pasco County Community Development Team
Check Wiring Form (PDF)
This form, along with the title company's W-9 form, should be sent directly to the court clerk.
FHA Mortgagee Letter 2002-22 (PDF)
This letter explains that local governments do not need to be approved for their downpayment assistance program, and that county funds can be used by the buyer as cash required to close on properties.
Homebuyer Assistance Program Application and Checklist (PDF)
This form needs to be attached by lenders for all county loan applications.
Lenders Manual (PDF)
This manual provides all of the information to assist you in preparing the loan package for submission to our office.
Reservation Request Form (PDF)
This form is needed to reserve funds for a homebuyer.
Shared Equity Worksheet - Payoff Sheet (PDF)
Certain loans that closed after 2006 have a shared penalty that must be paid when the loan is paid off. Call the Community Development Office to see if the loan you are handling is covered by this.
Subordination Request Form (PDF)
This form is necessary for lenders who are refinancing a loan where a Pasco loan is also on the property.
Training for Housing Professionals is required once annually to ensure that you remain on the approved lender or realtor list maintained by Pasco County Community Development.
Pasco County Community Development is pleased to announced that you can now register online for our lender-realtor training classes! Please click on the link below and completely fill out the form. If a class is noted as full on the schedule, we are no longer accepting reservations for that date.
HAP Program Parameters - Effective June 6, 2017
The Pasco County Board of County Commissioners approved the following revisions to the Homebuyer Assistance Program (HAP) at the June 6, 2017 meeting:
- Houses in any A flood zone (A, AE, etc.) are not eligible for HAP assistance.
- Houses in repetitive loss areas are not eligible for HAP assistance.
- Any home with sinkhole or ground settlement activity, even if the activity has been remediated, is not eligible for HAP assistance.
Please note that repetitive loss areas can only be verified by County staff due to the confidential nature of that information. Therefore, lenders must submit reservations to the Community Development Department as quickly as possible to verify that any potential HAP purchase is not in a repetitive loss area.
To submit a reservation for HAP down payment assistance, please email the reservation.
To verify if a home has any sinkhole activity, please utilize the county permitting system.
To verify the FEMA flood zone, please utilize PascoView, enter in the property address, and click on the "parcel information" link.
Down Payment Assistance Levels for Homebuyer Assistance Program - Effective June 1, 2017
Thanks to the feedback that we received during our recent lender/realtor roundtables, Community Development has chosen to modify its assistance levels through the Homebuyer Assistance Program (HAP).
No changes are being made to assistance available for homes purchased through the Pasco Opportunity Program.
The new assistance levels are as follows:
HAP assistance – Pasco assistance only:
Moderate Income - $5,000.00
Low Income - $10,000.00
Very Low Income – $15,000.00
The minimum required contribution will remain the same.