Florida Hometown Heroes Housing Program

Eligible full-time workforce, first-time homebuyers, employed by a Florida-based employer.

Eligible applicants can receive up to $35,000 in assistance for down payment and closing costs, based on 5% of the first mortgage loan amount, with a minimum of $10,000.

Applicants must have a minimum credit score of 640 to qualify for the Home Town Hero Loan Program.

Yes, the applicant’s income must not exceed 150% of the Area Median Income (AMI) for their county.

The program supports the purchase of primary residences, including single-family homes, 2-4 family homes, condos, and townhouses.

Yes, active duty military personal and veterans can apply and are exempt from the first-time homebuyer requirement, making it easier for them to qualify.

Yes, the primary borrower need to complete a homebuyer education course as part of the eligibility requirements.

Yes, the assistance provided can be used to cover both the down payment and closing costs, reducing the out-of-pocket expenses for the homebuyer.

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.

The Doce Mortgage Group’s commitment to personalized service and extensive industry knowledge ensures that every participant in the Hometown Heroes Program in Miami and throughout Florida receives the best possible advice and support.

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