Gainesville's housing market is characterized by a mix of older and newer homes, with a growing trend towards more modern developments in areas like Haile Plantation and Kanapaha. The median home price stands at around $240,000, making it an attractive option for first-time homebuyers and those looking to upgrade or downsize. NMHL's local expertise can help you navigate the Gainesville real estate market and find the right mortgage solution for your needs.

The city's proximity to the University of Florida and other major employers makes it a popular destination for students, professionals, and families alike. As a result, the rental market is also strong, with a diverse range of properties available. Whether you're looking to buy or rent, NMHL can provide guidance on the local market trends and help you make informed decisions.

Gainesville is home to a diverse range of neighborhoods, each with its unique character and advantages. Some popular areas include:

• Haile Plantation: Known for its family-friendly atmosphere and top-rated schools.
• Downtown Gainesville: Offers a vibrant urban experience with shopping, dining, and entertainment options.
• University Heights: Popular with students and young professionals due to its proximity to the University of Florida.
• Kanapaha: A growing area with newer developments and a mix of older homes.

NMHL can help you explore mortgage options tailored to your chosen neighborhood and provide guidance on local market trends.

NMHL offers a range of mortgage options to suit different needs and circumstances. Our programs include:

• FHA Loans: Ideal for first-time homebuyers or those with lower credit scores.
• VA Loans: Available to eligible veterans, active-duty military, and surviving spouses.
• USDA Loans: Suitable for borrowers purchasing homes in rural areas.
• Conventional Loans: Offers competitive rates and terms for borrowers with good credit.
• Bad Credit Mortgage Program: Helps borrowers with less-than-perfect credit qualify for a mortgage.

Our experienced loan officers can help you determine the best mortgage solution for your situation and guide you through the application process.

Gainesville and the state of Florida offer several down payment assistance programs to help homebuyers achieve their goals. The Florida Housing Finance Corporation's First Time Homebuyer Program provides up to $7,500 in assistance, while the City of Gainesville's Homebuyer Assistance Program offers up to $10,000. NMHL can help you navigate these programs and determine your eligibility for assistance.

In addition to these programs, NMHL offers its own down payment assistance options, including our Down Payment Assistance Program. Our experienced loan officers can help you explore these options and find the best solution for your needs.