The Florida Hometown Heroes Housing Program

The home-ownership program that puts frontline workers first.

The Florida Hometown Heroes Housing Program makes homeownership affordable for eligible frontline community workers such as law enforcement officers, firefighters, educators, healthcare professionals, childcare employees, and active military or veterans.

This program provides down payment and closing cost assistance to first-time, income-qualified homebuyers so they can purchase a primary residence in the community in which they work and serve. The Florida Hometown Heroes Loan Program also offers a lower first mortgage rate and additional special benefits to those who have served and continue to serve their country.

PROGRAM DETAILS

• Eligible frontline workers can receive lower than market rates on an FHA, VA, RD, Fannie Mae or Freddie Mac first mortgage, reduced upfront fees, no origination points or discount points and down payment and closing cost assistance.

• Borrowers can receive up to 5% of the first 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. This second mortgage becomes due and payable, in full, upon sale of the property, refinancing of the first mortgage, transfer of deed or if the homeowner no longer occupies the property as his/her primary residence. The Florida Hometown Heroes loan is not forgivable.

Eligible Occupations
(Last updated on 10/3/2022, refresh your browser to ensure you have the latest version of this document)
Income and purchase price limits

Call or email today for full information : (561) 441-4252

Nick Brusca, CFP*
Certified Financial Planner, Mortgage Loan Officer
NMLS #384680
Direct (561)-441-4252

Loans available through Elite Mortgage of South Florida NMLS#958348