Florida Hometown Heroes Program: Making Homeownership Dreams Come True!

hometown heroes program florida

Are you a first-time homebuyer in Florida dreaming of owning your own home? The wait is over! The Florida Hometown Heroes loan program is now available to ALL First Time Home Buyers who hold full-time employment with a Florida-based company. This incredible program offers a fantastic opportunity to access up to 5% of the Sales Price (maximum $35,000) to be used for Down Payment and Closing Costs, helping you take that critical step towards homeownership. Let’s dive into the details of this exciting initiative by Motto Mortgage and discover how it can turn your dream of owning a home into a reality!

A Helping Hand for Homebuyers

The Florida Hometown Heroes program aims to make homeownership more affordable for eligible borrowers. With the rising costs of buying a home, it can be challenging for many first-time buyers to gather enough funds for a down payment and cover closing costs. That’s where this program comes to the rescue! Eligible first-time homebuyers can access a 0% interest, non-amortizing, non-forgivable loan as a second mortgage, providing the financial assistance they need to make their dream home a reality.

How It Works

hometown heroes program qualifications

Under the Florida Hometown Heroes program, qualified buyers can receive up to 5% of the Sales Price (a maximum of $35,000). This sum can be used exclusively for the Down Payment and Closing Costs, giving buyers a valuable boost towards their homeownership journey. Whether you’re eyeing a cozy condo or a charming suburban house, this program can significantly ease the financial burden of purchasing your first home.

Available Financing Options

The best part about the Florida Hometown Heroes program is its flexibility when it comes to financing options. Eligible buyers can avail the assistance with Conventional, FHA, VA, and USDA financing. This means you have the freedom to explore various loan options to find the one that best suits your unique financial situation.

Let’s break down the benefits of each financing option with an Example:

Example: Sales Price $350,000 (Florida Hometown Heroes Program, 5%, $17,500)

1. FHA Financing:

  • Down Payment: 3.50%
  • Closing Costs Assistance: $5,250
  • Current FHA 30-year Fixed Rate: 6.75%

2. Conventional Financing:

  • Down Payment: 3%
  • Closing Costs Assistance: $7,000
  • Reduced Mortgage Insurance rates for AMI 80% or below
  • Current Conventional Rate: 7%
Disclaimer: These numbers are for a hypothetical scenario and only serve as an example for the potential amount a homebuyer in the program may qualify for. Buyers should speak with a qualified lender to discuss your options and situation to learn how this program may help you and to get figures specific to your homebuying situation.

These options open up new possibilities for a diverse range of potential homeowners, making the dream of owning a home more attainable for everyone.

Time is of the Essence

The Florida Hometown Heroes program is gaining popularity, and funds are limited. As of the first publishing, there are only $48 million left to lend. The assistance is being disbursed quickly, so it’s essential to act fast! If you’re a first-time homebuyer and meet the eligibility criteria, don’t hesitate to reach out to your Motto Mortgage Advisor today. They can provide you with all the necessary details to make the most of this fantastic loan program.

Take Action and Connect with Motto Mortgage Today

If you’re ready to take that big step towards homeownership, seize this opportunity now! Connect with your Motto Mortgage Advisor to learn more about the Florida Hometown Heroes program and the financing options available to you. They will guide you through the application process and help you secure the financial assistance you need to turn your homeownership dreams into a reality.

Tell Us About Your Ideal Home

Once you’ve reached out to your Motto Mortgage Advisor and started the journey towards homeownership, we’d love to hear all about your ideal home! What features are you looking for? Are you dreaming of a spacious backyard, a modern kitchen, or a cozy fireplace? Share your vision with us, and we’ll cheer you on every step of the way and help you find and secure the perfect home!


The Florida Hometown Heroes Down Payment Assistance Program is a game-changer for first-time homebuyers in the state. With up to 5% of the Sales Price (Maximum $35,000) available to be used for Down Payment and Closing Costs, owning your dream home has never been more achievable. Whether you choose Conventional, FHA, VA, or USDA financing, this program offers the support you need to start your homeownership journey with confidence.

Don’t miss out on this opportunity! Reach out to your Motto Mortgage Advisor today to get started on the path to homeownership. Together, let’s make your dream home a reality!

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