This program offers up to $35,000 in down payment assistance for qualifying buyers, but preparation is key before funds reopen.

Every buyer hopes to own a home without stretching their budget too far. I’ve seen how the right support can turn a tough market into a smart move. The Hometown Heroes program does just that—it provides down payment help for eligible buyers. It worked well last year and is coming back soon. Now’s a great time to see if it can help you, too. Here's everything you need to know:

Prepare as early as now. The Hometown Heroes program is expected to roll out again soon, possibly by early July, although we’re still waiting on exact details about when the funding will be replenished and whether any new requirements will be added.

If you or someone you know may qualify, now is the time to start preparing. I recommend starting the conversation with friends, family members, or coworkers planning to buy a home this summer. It's also smart to begin the pre-approval process with a lender ahead of time. Last year, the funds were exhausted in just four weeks, so early preparation is key.

“Florida buyers may qualify for up to $35,000 in down payment support.”

How the program works. The program offers down payment assistance in the form of a silent second loan. Funded by the state, it allows eligible buyers to borrow up to $35,000 to cover a down payment, closing costs, or even to buy down their interest rate. There are no monthly payments required, and no interest is charged on this loan. However, the amount must be repaid when the borrower sells the home, refinances, or moves out and turns the property into an investment.

This assistance can be a game-changer for buyers who meet the criteria. In most cases, at least one borrower must be a first-time homebuyer. Veterans are typically exempt from that requirement. Full-time employment is also generally required, and other specific guidelines may apply.

For more details or to begin the pre-approval process, feel free to give me a call at (407) 499-8993. Let’s make homeownership a reality for you!