06/14/2023
If youāre a first time homebuyer in Florida youāre going to want to know about thisā¼ļø They just updated the Florida Hometown Heros program to increase the amount of downpayment assistance to $35,000! AND there is no longer an occupation requirement, meaning anybody that works for a Florida employer and is a first time home buyer can receive the down payment assistance. This can also potentially help you qualify for conventional instead of FHA. Itās a second loan with no interest and no payments. Itās only due if you sell the house or refinance the mortgage. If you pay off the mortgage, the second lien is completely forgiven.