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Wells Fargo Dream.Plan.Home. Closing Cost Credit

Florida

Last verified
See what you qualify forOfficial program site →
Assistance

$5,000

The maximum the program publishes — not an offer

Income limit

80% AMI

Of area median income; varies by county and household size

Repayment

Grant

Not repaid

What is Wells Fargo Dream.Plan.Home. Closing Cost Credit?

Wells Fargo Dream.Plan.Home. Closing Cost Credit is a grant for homebuyers in Florida.

  • Wells Fargo Dream.Plan.Home. provides up to $5,000 credit toward closing costs for eligible buyers with limited credit history. Income up to 80% AMI. Requires 3% minimum down payment. Must use Wells Fargo as lender.
  • Funding comes from Private Lender.

How much assistance does it provide?

Wells Fargo Dream.Plan.Home. Closing Cost Credit offers up to $5,000 in assistance.

  • Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

Do you have to pay it back?

Wells Fargo Dream.Plan.Home. Closing Cost Credit is structured as a grant, so it is not repaid.

  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Wells Fargo Dream.Plan.Home. Closing Cost Credit is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A minimum 620 credit score

The program excludes

  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Wells Fargo Dream.Plan.Home. Closing Cost Credit limits household income to 80% of the area median income, which varies by county and household size.

  • Income at or below 80% AMI for the area. Limited credit history required.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Wells Fargo Dream.Plan.Home. Closing Cost Credit can be used for Single Family, Condo, and Townhouse.

Where does it apply?

Wells Fargo Dream.Plan.Home. Closing Cost Credit serves buyers purchasing anywhere in Florida.

How do you apply?

Applications for Wells Fargo Dream.Plan.Home. Closing Cost Credit go through the administering agency, which publishes the current terms and the application steps on its own site.

  1. Contact the administering agency to reserve funds

    Funds are reserved with the provider and are subject to availability.

  2. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

Learn this program

Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

Wells Fargo Dream.Plan.Home. Closing Cost Credit, explained

A short, free course on Wells Fargo Dream.Plan.Home. Closing Cost Credit: what it is, who it is for, whether it has to be paid back, where it applies and how to apply. Based on program data from July 2026. About ten minutes.

5 modules · About 10 minutes

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