4.98
700+ Experience Reviews
5.0
165+ Zillow Reviews
5.0
90+ Google Reviews
4.8
50+ Yelp Reviews
5.0
35+ FaceBook Reviews
The Florida Hometown Heroes Loan Program is designed to provide critical support to Florida’s First Time Home Buyer’s full-time workers, offering substantial down payment assistance and favorable loan terms to help them achieve homeownership. This program is a vital initiative aimed at supporting Florida workers by making homeownership more accessible and affordable.
Eligible applicants can receive up to $35,000 in down payment and closing cost assistance, which is a significant benefit in today’s housing market. This assistance is based on 5% of the first mortgage loan amount, with a minimum of $10,000, ensuring that even those purchasing more affordable homes can receive meaningful support.
One of the standout features of the Florida Hometown Heroes Loan Program is its inclusive eligibility criteria. While it requires a minimum credit score of 640, the program is designed to be accessible to a wide range of full-time workers. Additionally, active duty military personnel and veterans are exempt from the first-time homebuyer requirement, broadening the program’s reach and recognizing their service. The program also sets income limits at 150% of the Area Median Income (AMI) for the applicant’s county, ensuring that the assistance is directed towards those who need it most.
The Hometown Heroes Loan Program is a comprehensive and supportive initiative that not only acknowledges the invaluable contributions of Florida’s full-time workers but also empowers them to achieve the stability and security that comes with homeownership. By reducing financial barriers and offering specialized support, The Doce Mortgage Group is making a significant difference in the lives of those who serve the community.
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.
Interested applicants should contact an approved loan officer who can guide them through the application process and help determine their eligibility.
The Doce Mortgage Group’s commitment to personalized service and extensive industry knowledge ensures that every participant in the Hometown Heroes Loan Program receives the best possible advice and support.
Alex Doce NMLS 13817.
The Doce Mortgage Group NMLS 2638131.
For licensing information, go to: www.nmlsconsumeraccess.org.
Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Loan approval and terms are dependent upon borrower’s credit, documented ability to repay, acceptability of collateral property, and underwriting criteria.
The Doce Mortgage Group © 2024. All Rights Reserved.