Florida Housing Providing Down Payment and Closing Cost Assistance through the Hometown Heroes Program

agentPhotoFlorida Housing is providing down payment and closing cost assistance through the Hometown Heroes Program. Funds are provided in the form of 5% of total loan amount, capped at $35,000 with a minimum of $10,000. Homebuyers must work for a Florida-based business with a verifiable physical address and work a minimum of 35 hours per week.
• Program offered on 30-year fixed-rate Conventional, FHA, VA, and USDA loans
• Borrower must occupy home as primary residence
• Home must be located in Florida
• First-time homebuyer requirements may apply
• Homebuyer education required
• Veterans and active-duty military may be exempt from first-time homebuyer and homebuyer education requirement (based on specific program guidelines).
• Gift funds allowed
• 1-4 unit primary residence, including qualifying condos and townhomes, are eligible.

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