Down Payment Assistance for Florida's Essential Workforce
The Florida Hometown Heroes Program (FHHP) provides eligible workers with a 0% interest, 30-year deferred second mortgage to cover down payment and closing costs, making Florida homeownership a reality.
I. Florida Hometown Heroes Program (FHHP) Financial Benefit Structure (Up to $35,000)
The Florida Hometown Heroes Program is a state-backed initiative designed to help first-time Florida homebuyers and essential workers afford housing in the communities they serve. AAA Capital Funding specializes in accessing these funds and integrating them smoothly with your primary mortgage.
Maximum Assistance
You can receive assistance up to 5% of your first mortgage loan amount, capped at a generous $35,000 (with a minimum of $10,000).
Deferred 0% Loan
The assistance is structured as a 0% interest, non-amortizing, deferred second mortgage. No payments are required for 30 years or until a trigger event.
Repayment Triggers
The full amount must be repaid when the property is sold, refinanced, transferred, or when the home is no longer your primary residence.
II. Who is Eligible? Florida's Essential Workforce
The program is specifically designed to support individuals who serve our communities. At least one borrower must be employed full-time by a Florida-based employer in an eligible profession.
Healthcare & Emergency
Nurses, Doctors, EMTs, Paramedics, Mental Health Professionals, and medical support staff employed by Florida facilities.
Education & Childcare
Teachers, Librarians, School Counselors, Administrators, support staff, and licensed childcare workers.
Public Safety & First Responders
Law Enforcement Officers, Firefighters, Correctional Officers, and Emergency Operations personnel.
Military & Veterans
Active Duty, Reserves, and Veterans. Veterans are exempt from the first-time homebuyer rule (must still work in FL).
Skilled Trades & Civil Service
Plumbers, Electricians, Court Employees, State Employees, and other eligible trades or government workers.
III. Key Underwriting Requirements
Homebuyer Status
- Must be a first-time homebuyer (not owned a home in the last three years).
- Veterans and active military are automatically exempt from the first-time homebuyer rule.
- The home must be the borrower's primary residence.
Financial & Employment
- Minimum FICO credit score of 640 is typically required.
- Borrower must meet program-specific income limits, which vary by county and loan type (Bond/TBA).
- Employment must be full-time with a physical Florida-based location. Remote workers do not qualify.
IV. Integrating with Your First Mortgage
The Hometown Heroes assistance is highly flexible and can be paired with several types of first mortgages, giving you the best rate and terms for your specific situation. We help you choose the underlying loan that maximizes your savings.
FHA Loans
Conventional Loans
VA Loans
USDA-RD Loans
Essential Worker? Start Your $35,000 FL Hometown Heroes Benefit.
As a Florida lender, AAA Capital Funding is expertly positioned to guide you
through the Hometown Heroes application, handling all the details
to get you to closing with minimal out-of-pocket costs.
Start Your Hometown Heroes Application
Contact Jason J. Sarji and the Team Today: 888-601-8344 | 954-390-7994 | NMLS #374739.