Hometown Heroes 2024 | Down payment assistance

Are you a first-time homebuyer in Florida looking to stop throwing rent money away and make a purchase?

The Florida Hometown Heroes Housing Program makes homeownership more affordable with up to $35,000 in downpayment assistance! The state of Florida is adding an additional $100 million in funds to the program, effective July 1, 2024.

This program provides down payment and closing cost assistance to first-time, income-qualified Florida homebuyers. The Florida Hometown Heroes Loan Program also offers a lower first mortgage interest rate.

Buy a home

Here are the details:

• Minimum FICO of 640 for ALL loan types

• First-time purchasers only

• 30-year fixed mortgage

• Borrower(s) must be employed full-time by a Florida-based business, which means the employer must have a brick and mortar location in Florida

• Borrowers can receive up to 5% of the mortgage loan amount (maximum of $35,000) in down payment and closing cost assistance

• Down payment and closing cost assistance is available in the form of a 0%, non-amortizing, 30-year deferred second mortgage. The Florida Hometown Heroes loan is not forgivable.

Reach out to us so we can connect you with a preferred local lender to see if you qualify for this program. Don't wait. Funds will run out soon.

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