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Hometown Heroes

Summary

Florida Hometown Heroes Housing Program – There has never before been a first time home buyer down payment assistance program as generous as this! It provides up to $35,000 in down payment and closing cost assistance among other benefits. The Hometown Heroes first time home buyers program is available to eligible full-time Florida employees with minimal restrictions to qualify, making homeownership more affordable.  

Updated Guidelines

What's New? And How To Apply?

The Florida Hometown Heroes Program is easy to qualify for and will not last very long. Florida Housing anticipates that Hometown Heroes Funds will only last 3-4 months after its upcoming August 18, 2025 release due to high demand and we can help you reserve your funds before the program ends! Let’s get on a call ASAP to confirm that you qualify and I can answer any other questions you have!

How Much Money Are Buyers Eligible To Receive?

New guidelines allow up to $35,000 for down payment and closing cost assistance at 0% interest! Home buyers can now purchase up to $731,000 with minimal to zero funds of their own. A good rule of thumb is to estimate 5% of the purchase price (see examples below).

Purchase Price

Hometown Heroes Assistance

$200,000

$10,000

$300,000

$15,000

$400,000

$20,000

$500,000

$25,000

$600,000

$30,000

$700,000-$800,000

$35,000

How Does The Hometown Heroes Program Work?

Eligible home buyers will receive the funds at closing in the form of a second mortgage that has no interest or monthly payments for the entire duration of the loan. The loan is paid back only upon sale, refinance, total loan payoff, or if they vacate the property.

Loan programs available: Conventional, FHA, VA, and USDA

All traditional property types anywhere throughout the State of Florida are eligible for the Hometown Heroes Program, including single family homes, town homes, condominiums, villas, and 2-4 unit multifamily properties!

Who Is Eligible?

  • Florida based worker who has not owned a primary residence in the past 3 years.
  • Full-Time employee of an eligible occupation.
  • Veterans are exempt from the employment requirement.
  • 640 minimum credit score.
  • Income limits below are only considered for the qualifying buyer. The income from a non-borrowing spouse is not included if not on the loan application. Co-signors are allowed as long as the total combined income is within the limit.

County

Annual Income Limit

Palm Beach County

$175,350

St. Lucie County

$142,950

Martin County

$142,950

Broward County

$172,950

Miami-Dade County

$185,850

Orange County

$158,100

This is not a commitment to lend. The Hometown Heroes Program is a Florida Housing Program. Certain restrictions apply and terms above are subject to final loan approval and reservation with Florida Housing. Estimates of funds expiration date is not fully known and only opinion. Call The Matt Weaver Team at CrossCountry Mortgage for additional details (561) 864-2458.

How To Apply For Hometown Heroes

1. Call Jeannie at (772) 877-0268 from 8:00am-9:00pm—7 days a week—to discuss your situation.

2. Jeannie will connect you with The Matt Weaver Team at CrossCountry Mortgage to apply for the program.

3. Complete a 10-minute application by phone.

4. Once reviewed the Matt Weaver Team will review all details with you including Hometown Heroes and other great down payment assistance options.

5. Jeannie will help you find your perfect home, get under contract and close.

Why Matt Weaver?

Matt Weaver at CrossCountry Mortgage is the #1 Mortgage Originator in the State of Florida since 2020 and #1 in the Nation for Most Loans Closed in 2023!

  • #1 for most contracts accepted in a multiple offer in Florida since 2020.
  • #1 Originator of the Hometown Heroes Housing Program for St. Lucie, Palm Beach and Broward Counties.
  • Most local real estate agents respect and prefer a pre-approval letter from the Matt Weaver Team over competing lenders.
  • The Matt Weaver Team is fully operational 7 days a week from 8:00am-9:00pm, 364 days per year.
  • Full service multilingual team (English, Spanish, Portuguese).
  • Matt Weaver has 27 years of industry experience and has helped over 30,000 Florida home buyers to purchase their home.
  • CrossCountry Mortgage is ranked the #1 direct lender in the nation, with highly competitive interest rates and fees, giving homebuyers the best terms possible to take advantage of today’s market.