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 | $35,000 |
- Any Florida based worker who has not owned a primary residence in the past 3 years.
- Must be a full time employee.
- Self-Employed buyers are eligible with a Florida business license.
- Remote workers are eligible if residing in Florida and working for a company with a Florida business license.
- Veterans eligible (first-time homebuyer not required).
- 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 | $160,650 |
| St. Lucie County | $137,550 |
| Martin County | $137,550 |
| Broward County | $158,400 |
| Miami-Dade County | $170,250 |
| Orange County | $144,750 |
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.
CONTACT REALTOR®
Jeannie Jacobson
(772) 877-0268
jeanniemjacobson@gmail.com
CONTACT BROKER
RE/MAX GOLD
Richard McKinney
(772) 370-8631
richard.mckinney@remax.net
10850 S. US Highway 1
Port St Lucie, FL 34952
SERVING SOUTH FLORIDA REAL ESTATE CLIENTS - HOMES FOR SALE IN VARIOUS COUNTIES
Port St. Lucie FL
Port Saint Lucie FL
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Palm Beach Gardens FL
West Palm Beach FL
Wellington FL
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Delray Beach FL
Vero Beach FL
Jupiter FL
Fort Pierce FL
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Palm City FL
FUN FACTS ABOUT JEANNIE
Jeannie was voted the 2022 and 2023 "People's Choice Award" for Treasure Coast Favorite Realtor®! She is very involved in her community and has a passion for championing local non-profits. Jeannie is also bilingual - fluent in both English and Spanish - but she is most fluent in the language of WINNING for her clients.
Jeannie Jacobson is a real estate agent affiliated with RE/MAX, LLC, a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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