Effective July 1, 2023, the Florida Hometown Heroes Loan Program offers down payment and closing cost assistance to ALL BUYERS who have not owned a home as a primary residence in the last three years and/or veterans or active military service with up to $35,000 in assistance.

The Hometown Heroes Program is one of the best down payment assistance programs for first-time homebuyers, veterans, or active military in Florida. To learn more about the Florida Hometown Heroes Program and to find out if it’s a right option for you, contact our preferred loan officer Adam Jaroszewski of Fairway Independent Mortgage Corporation.

Eligible homebuyers may receive lower than market rates including:

• FHA, VA, USDA, Conventional
• Reduced upfront fees
• No origination fee or discount points
• Down payment and closing cost assistance

If you are a first-time homebuyer, veteran or active military who lives and works in Florida, you may be eligible to receive up to $35,000 in down payment and closing cost assistance.

Under this program, eligible buyers can receive 5% of their total mortgage loan amount, up to a maximum of $35,000, for down payment and/or closing costs. The assistance is provided as a deferred second mortgage with 0% interest. This second mortgage does not need to be repaid until you sell, refinance, pay off your primary mortgage, transfer the deed, or no longer live in the property as your primary residence.

This program can be used in conjunction with conventional, FHA, VA, or USDA loans. Contact Adam Jaroszewski of Fairway Independent Mortgage Corporation at (954) 348/-5157 or [email protected] for more details and to see if you qualify. 

*Program is offered to all buyers who have not owned a home as a primary residence in the last three years and/or veterans or active military service.