Don’t Miss Out on Your Chance for Affordable Homeownership!

Are you dreaming of owning your own home but struggling to gather the funds for a down payment? If you’re living in Florida, there’s excellent news for you! Hometown Heroes is refunding a whopping $36 million in funds to help make your homeownership dreams a reality, effective November 6th, 2023. But you’ll need to act quickly because these funds will go fast.

Hometown Heroes offers a unique opportunity to get a step closer to your dream home. Here’s how it works:

1. 5% of the Loan Amount: Hometown Heroes provides a generous 5% of the loan amount towards your down payment.
2. Lower Interest Rate: You’ll benefit from an interest rate on your mortgage that is lower than the standard market rates, making homeownership even more affordable.
3. 0% Interest 2nd Mortgage: This assistance comes in the form of a 0% interest, second mortgage with a 30-year term, and the interest rate is fixed, ensuring stability over time.
4. No Monthly Payments: The best part is that you won’t need to make monthly payments on this second mortgage. It provides you with immediate financial relief.
5. Payback Only on Specific Events: This is not a forgivable second mortgage. You only have to pay back the second mortgage if you sell, refinance, vacate the home or reach the 30-year term. This gives you flexibility and peace of mind.

To qualify for this fantastic program, you need to meet the following criteria:

• This is a Florida Program Only.
• The purchase must be for your primary residence.
• A minimum credit score of 640.
• Employment with a brick-and-mortar employer located in Florida
• Must work a minimum of 35+ hours per week.
• You cannot have owned and occupied a home within the last 3 years.
• Self-employed individuals are eligible but must prove that they work at least 35+ hours per week and have a brick-and-mortar location in Florida.
• Must Complete the 1 hour First Time Homebuyer Education Online Class. (Your lender will send you the link for this class)

How Hometown Heroes Can Help You:

This program is your golden ticket to affordable homeownership in Florida. With financial assistance for your down payment and closing costs, and a reduced interest rate, you can take that crucial step towards owning your own home. Plus, the flexible payback terms ensure that you won’t be burdened with immediate payments.

Act Fast – First Come, First Serve:

Remember, these funds will go quickly. If you missed this opportunity before, now’s the time to seize it. Affordable homeownership is within your reach, and the Hometown Heroes Down Payment Assistance program is here to make it happen. Don’t let this chance slip through your fingers.

So, if you’ve been dreaming of having a place to call your own, act now. Check your eligibility, prepare your documents, and be ready to apply now, so that you can secure these funds before they run out.

Don’t wait; your dream home is just a few steps away with Hometown Heroes!

I hope this effectively conveys the information and encourages you to take action. If you have any further questions or need additional assistance, please feel free to contact me.