Florida Hometown Heroes starts today and allows you to purchase a home for $0 due a closing if you meet the following 3 requirements:
- You are a first time homebuyer or have not owned a home in the last 3 years
- You have a full time job
- Your credit score is 640 or higher
Florida Hometown Heroes Important Points:
- Max amount $35,000 (5% of loan amount)
- Can be used for down payment and closing costs
- Can not be used for appraisal gaps or to pay off debt
- Is a second loan, not forgivable, 0% interest
- Minimum credit score 640, DTI 50% (USDA, FHA,VA)
- First time homebuyer (can not have owned a primary residence in last three years)
- Income limits and loan limits are county specific
- Max cash back $1,000 for borrowers receiving documented gift funds
- Current VOE required
- Must be a full-time employee and currently employed, working a minimum of 35 hours per week
If you or someone you know wants to buy a home this is a fantastic opportunity! Contact Taylor Jones to see if you qualify for the Florida Hometown Heroes program. You can walkaway with a new home without draining your bank account.
Thanks for reading,
Chris
