Hometown Heroes Housing Program

florida hometown heroes housing program logo banner, depicting the outline of a blue man, wearing a redcape, with a cityscape of houses in the background

Starting June 1, 2022, in the state of Florida, the Hometown Heroes Housing Program offers 0% interest down payment programs for all of our first responders, active and retired. The program is available for anyone who has served in the military, fire and rescue, the medical field, law enforcement, or education. Our loan officers are ready to help you get Cleared to Close with the Hometown Heroes Housing Program down payment assistance. (Here is the full list of all 50 eligible occupations covered by the program.)

There are certain limitations on the program, including income limits, and traditional loan type limits. These can vary based on your zip code. (Click here to see the limits per county.)

If you are interested in learning more about the Hometown Heroes Housing Program, or the incentives we offer to our Heroes, please fill out the form below. We appreciate your service, and we want to offer you the best possible loan and pricing for your home purchase.

Hometown Heroes Housing Program Details

Eligible frontline workers can receive lower than market rates on an FHA, VA, RD, Fannie Mae, or Freddie Mac first mortgage, reduced upfront fees, no origination points or discount points, and down payments and closing cost assistance.

Borrowers can receive up to 5% of the first mortgage loan amount (maximum of $25,000) in down payment and closing cost assistance.

Down payment and closing cost assistance is available in the form of the first mortgage, transfer of deed, or if the homeowner no longer occupies the property as their primary residence. The Florida Hometown Heroes loan is NOT forgivable.

Program Requirements and Limits:

  • The maximum loan amount is $25,000 (or 3% of loan amount.)
  • The money be used for down payment AND closing costs.
  • The money can NOT be used for appraisal gaps, or to pay off debt.
  • This is a second loan, and it is not forgivable. It carries 0% interest.
  • The minimum credit score is 640, with a maximum debt to income ratio of 45% (for USDA, FHA, and VA programs.)
  • The program is for first time homebuyers, who have not owned or occupied a primary residence in the last three years.
  • There are county specific income and loan limits.
  • The maximum cash back is $1,000.
  • Down Payment Assistance for qualified frontline workers, including:

  • Law enforcement officers
  • Firefighters
  • Educators
  • Healthcare Professionals
  • Childcare employees
  • Active military or veterans
  • Licensed Nutritionists and Athletic Trainers
  • and many more!
  • For more information, you can visit floridahousing.org.

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    CTC Mortgage

    (561) 983-6413

    4803 PGA Boulevard
    Suite B
    West Palm Beach, FL 33418

    NMLS # 371182

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