Hometown Heroes is expanding to include first-time home buyers who work for a Florida-based company see below for details.

 

“The Florida Hometown Heroes Down Payment assistance Housing Program makes homeownership affordable for eligible community workforce.

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 interest rate and additional special benefits to those who have served and continue to serve their country.

Program Details:

  • Eligible full-time workforce, employed by a Florida-based employer can receive lower than market interest 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.”

This is a great opportunity to help get you into the home of your dreams. Please reach out if you think this could help you or someone you know

-Brandon Gilbert NMLS#1457997

Fidelity Funding PLLC,NMLS No. 2462647, Mortgage Broker. Equal Housing Lender. For more information, go to: www.nmlsconsumeraccess.org. Fidelity Funding PLLC is not affiliated with any government agency. All applications are subject to underwriting guidelines and approval. This does not constitute an offer to lend. Not all applicants will qualify for all loan products offered. All loan programs, terms and interest rates are subject to change without notice. All fees are subject to state and federal high cost thresholds. This information is to be provided exclusively to mortgage professionals and/or real estate professionals and is not intended for public use. This is not an advertisement to extend consumer credit as defined in Regulation Z. ยง226.2. All loans are subject to credit and property approval. Programs, rates, terms and conditions are subject to change without notice. Not all products are available in all states or for all loan amounts. Other restrictions apply. Licensed Mortgage Broker