Florida Hometown Heroes Program
Down Payment and Closing Cost Assistance to First-Time Homebuyers.
We will help you get into your dream home because we offer a full array of mortgage products to fit your needs. This section is here to help you understand the Florida Hometown Heroes Program. AAA Capital Funding offers the Florida Hometown Heroes Program to qualified individuals.
The Florida Hometown Heroes Program is available from us on all loan types including FHA, Conventional, VA, and Non-Conventional mortgages.
Ask us how you can benefit by working with us on your home purchase.
Florida Hometown Hero Requirements
There are several requirements needed for the Florida Hometown Heroes Program but the main ones to keep in mind are listed here:
- The minimum credit score needed in order to be eligible for the Florida Hometown Heroes Program from us is 640.
- As of July 1st, 2023, you just have to be a full-time employee that is employed by a Florida-based employer.
- You must be a first-time homebuyer.
As of July 1st, 2023, you just have to be a full-time employee that is employed by a Florida-based employer.
We want to provide you funds towards your down payment assistance and closing costs for you to purchase a home.
You can use our Down Payment Assistance with any of our first mortgage loans: Conventional, FHA, or VA.
Some of the Florida Hometown Heroes Program requirements are:
First-Time Homebuyer – you must meet the IRS definition of a first-time homebuyer.
- You must have not owned a home in the past three years as your primary residence.
- As a Veteran, Active Duty, Widow of a deceased Veteran you, are exempt from this requirement.
As of July 1st, 2023, you just have to be a full-time employee that is employed by a Florida-based employer.
The property you purchase must be your new primary residence.
You must not exceed the income and loan limits for the county you plan on buying in.
Credit requirements:
You must meet the credit requirements for the loan type you have chosen to best fit your needs (Conventional, FHA, VA, etc.).
Speak to your AAA Capital Funding loan officer regarding these specific requirements.
Homebuyer education is also required, and we can easily help you complete this requirement.
You will receive 5% of the loan amount in Down Payment Assistance (maximum limit of $35,000).
To speak to an approved loan officer that can help guide you with the Florida Hometown Heroes Program, please call us at (local) 954-390-7994 or (toll-free) 1-888-601-8344. You can also visit our application page to get started: Get Started Here