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.
- You can own a mobile home but it must be on a rented lot or land and still qualify as a first-time homebuyer.
You must be actively licensed/certified in one of the approved occupations or an approved veteran/active duty status.
These approved Florida Hometown Heroes occupations and approved veteran/active duty status are all listed above.
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.
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 $25,000).
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