$35,000 can be used for down
payment & closing costs.
Firefighters, police, healthcare
workers, military, educators, care
givers, and much, more are
eligible.
Lower than market interest rates
with first time buyer benefits.
Prospective homebuyers who fulfill the eligibility criteria outlined above should
consider exploring the opportunities offered by the Florida Hometown Heroes
program.
This initiative aims to empower individuals and provide them with the necessary
support to embark on their homeownership journey, fostering stronger
communities across the state of Florida.
To be eligible for this awesome program, prospective homebuyers need to meet
some specific criteria that we've outlined below:
•
First-Time Homebuyer Status - Okay, so here's the deal. If you've owned a
principal residence within the past three years, sorry, but you're not eligible.
We want to help out those who are new to homeownership and could really
use some financial assistance.
•
Minimum Credit Score - We're not asking for perfection here, but you do need
a minimum credit score of 640 to qualify for the Florida Hometown Heroes
program. This is just to make sure you're responsible for your finances and
can handle the responsibilities of owning a home.
•
Income Limitations - We want to make sure we're helping out those who really
need it, so we require that you earn less than 150% of the Area Median
Income (AMI) for your county https://ami-lookup-
tool.fanniemae.com/amilookuptool. The AMI varies depending on where you
live, and it's determined by the U.S. Department of Housing and Urban
Development (HUD). This way, we're primarily assisting those in the moderate
to low-income range.
•
Employment by a Florida-Based Employer - We're all about supporting our
local economy, so you have to be employed by a Florida-based employer. We
want to help out those who are contributing to the community they work and
live in.
•
Home Purchase in the Community of Employment - We're not just about
helping you buy a home; we want you to be part of a vibrant and sustainable
neighborhood. So, in addition to being employed in Florida, you have to buy a
home in the community where you work and serve. This way, we're really
focusing on individuals who are committed to their local communities.
By meeting these eligibility criteria, you can take advantage of the Florida
Hometown Heroes program's down payment assistance. It's a great opportunity,
but keep in mind that meeting the requirements doesn't guarantee acceptance into
the program. Funding availability may also play a role.
Get qualified for our heroes
home loan program and
receive up to 35k
Hometown Heroes Funding Loan Program
We are proud to introduce our new Hometown Heroes Funding Loan Program
making homeownership affordable for eligible community workforce. This
program offers down payment and closing cost assistance to first-time, income-
qualified home buyers, enabling them to purchase a primary residence in the
community where they work and serve. Additionally, the Hometown Heroes
Program offers a lower interest rate on the first mortgage and other benefits to
those who have served or continue to serve their country.
Click Here to see if you qualify
There is no cost to apply for Hometown
Heroes Down Payment Assistance.