City of Clearwater Down Payment Assistance
Up to $75,000 toward your down payment for qualifying buyers in the City of Clearwater.
Call (727) 642-1166Down payment assistance for Clearwater homes
The City of Clearwater program helps qualifying buyers purchase a home inside the City of Clearwater.
City and county down payment assistance programs do not work directly with buyers — a qualified mortgage company processes your application with the program. Generation Mortgage Associates processes your down payment assistance application and provides the first mortgage, an FHA or conventional loan depending on your credit score.
City of Clearwater down payment assistance at a glance
- Assistance up to $75,000
- Maximum purchase price $544,233
- Credit score 640+
- Income limits apply
- Borrower minimum contribution: 1% of the purchase price
- Typical closing time: about 60 days
- Only for homes within the City of Clearwater
Comparing options? Read Clearwater vs. Largo down payment assistance. Outside the city, see the Pinellas County SHIP down payment assistance or the all-Florida FHA program with a free 3.5% down payment.
How it works with us
Frequently Asked Questions
How much does the City of Clearwater give for a down payment?
Up to $75,000 for qualifying buyers.
What is the maximum price of the home?
$544,233.
What credit score do I need?
640 or higher.
How much do I contribute?
1% of the purchase price.
Who processes the application?
A qualified mortgage company — we process it and provide your FHA or conventional loan.
Buying in Clearwater? Let’s check your assistance.
Call (727) 642-1166Generation Mortgage Associates, LLC · 1155 South Pasadena S, Suite H, South Pasadena, FL 33707 · Call (727) 642-1166 · Monday–Friday, 9:00 AM–5:00 PM EST · NMLS 1283562. We are a private mortgage company, not affiliated with or endorsed by any government program, county, city, FHA or housing authority. Program terms are set by each program and can change; all loans are subject to approval.