Hometown Hero’s Down Payment Assistance Seminar

Hometown Hero’s Down Payment Assistance Seminar

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Free

Date and time

Location

Preferred Real Estate Brokers

101 South Eola Drive

#Suite 103

Orlando, FL 32801

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The Florida Hometown Heroes Housing Program makes homeownership affordable for eligible frontline community professionals.

About this event

The Florida Hometown Heroes Housing Program makes homeownership affordable for eligible frontline community professionals such as law enforcement officers, correctional officers, firefighters, educators, healthcare professionals, childcare employees, and active military or veterans.

This program provides down payment and closing cost assistance to first-time homeowners. 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 a 0%, non-amortizing, 30- year deferred second mortgage.

This second mortgage becomes due and payable, in full, upon sale of the property, refinancing of the first mortgage, transfer of deed or if the homeowner no longer occupies the property as his/her primary residence.

The Florida Hometown Heroes loan is not forgivable.

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