With both home pricing and interest rates going up, it is quickly making purchasing a home unattainable for many people, especially our front line workers. Starting June 1st, 2022, Florida has provided $ 100 million in funds for the Florida Hometown Heroes Housing Program. This program is specifically available to eligible frontline community workers such as law enforcement officers, firefighters, educators, healthcare professionals, childcare employees, and active military or veterans. (whose eligible?)
How does the program help?
- For first-time homebuyers who are income-qualified, this program provides down payment and closing cost assistance so they can purchase a primary residence in the community in which they work and serve.
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.
- You can receive up to 5% of the first mortgage loan amount (maximum of $25,000) in down payment and closing cost assistance.
- For the down payment and closing cost assistance, you are able to receive this in a 0%, non-amortizing, 30-year deferred second mortgage. This second mortgage only becomes due and payable, in full, upon sale of the property, refinancing of the first mortgage, if the homeowner no longer occupies the property as his/her primary residence and transfer of deed. The Florida Hometown Heroes loan is not forgivable.
Requirements
Find out if you are Eligible
Income and purchase price limits
New Listings to Market
DIRECT LAKEFRONT on Lake Minnehaha on the Clermont chain of lakes! There is a boat dock/lift over the water plus a covered seating area-bring your morning coffee and watc...
- 3 Beds
- 2 Baths
- Cashwell Minnehaha Shores SubDv.
- 34711 Zip Code
Located close to 429, Disney and Hamlin Shops, this beautiful 6 bedrooms, 4 bath home features a tile roof, wood-look tile flooring, large loft, and kitchen. Move-in read...
- 6 Beds
- 4 Baths
- Windermere Isle Ph 2 SubDv.
- 34786 Zip Code
Enjoy your Gorgeous Lake Views in desirable Emerson Pointe community of Bay Hill in Dr. Phillips! Build you custom home on this 4 acre lot in Emerson Pointe. This histori...
- 32819 Zip Code
Do not miss the chance to expand your business or invest in a highly sought-after property type! This property is centrally located and in close proximity to major thorou...
- Eustis Heights Pt Rep SubDv.
- 32726 Zip Code
Located in beautiful Winter Garden Florida is your new oasis! You will feel like you are on your own nature preserve living in a one-of-a-kind log cabin located on beauti...
- 3 Beds
- 2 Baths
- Na SubDv.
- 34787 Zip Code
PRIME LOCATION!!! 4 ACRES Just Minutes from the Kelly Park Crossings Publix/Shopping Center. This Property is directly off Plymouth Sorrento Road & within the HEART OF TH...
- 32712 Zip Code
Amazing Opportunity awaits you with this 4.05 ACRES of vacant commercial land, Zoned C-2, Approximately 423' FRONTAGE on WINTER SPRINGS BOULEVARD. LOCATED JUST WEST OF TH...
- Tuscawilla Plaza SubDv.
- 32765 Zip Code
Approximately 22 acres of M-1 Industrial zoned land with a portion of it along Center St. being R-2. Property was formerly a citrus packing house. The sale is for all thr...
- Leesburg SubDv.
- 34748 Zip Code
Pre-Construction. To be built. Pre-Construction. To be built. Pre-Construction. Location, Location, Location! Located in the SODO district. Walk to work, dinner or any of...
- 5 Beds
- 4.5 Baths
- Pennsylvania Heights SubDv.
- 32806 Zip Code
This is 32.5 acres in an existing Commerce Park that can accomodate industrial users, manufacturing, warehousing, and most any commercial use. City utiltiies are in and ...
- Acreage & Unrec SubDv.
- 32726 Zip Code
Address Search
Popular Areas in your Community
Looking for the perfect home in your favorite city? Chances are you'll want to start here.