Effective July 3rd, the employment requirements have been removed for this program, and anyone working for a Florida corporation is eligible. If there is a brick-and-mortar location in Florida, someone who works for a corporation outside the state would also be eligible. Amazon and FedEx employees, for example, are eligible.<\/p>\n\n\n\n
The program is a down payment assistance, interest-free loan, and no monthly payments. The loan is paid back when the home sells or is refinanced. It is a loan of up to 5% of the loan amount. VA, FHA, Fannie, and Freddie all participate in the program. There is an income limit of $130,350. For a buyer that borrowers $500,000, they may qualify for $25,000 in down payment assistance that can be used towards the down payment and\/or closing cost and prepaid.<\/p>\n\n\n\n
This program has 100 million to lend; once the funds are gone, they are gone. We expect it will take nine months to use up all the funds. Now is a great time to buy and take advantage of this program. Save your money and use an interest-free loan to buy your next home. The money saved can be used to improve the home or pay off other debt. Give me a call to discuss all lending options available for you at 813-230-3433.<\/p>\n","protected":false},"excerpt":{"rendered":"
Effective July 3rd, the employment requirements have been removed for this program, and anyone working for a Florida corporation is eligible. If there is a brick-and-mortar location in Florida, someone who works for a corporation outside the state would also be eligible. Amazon and FedEx employees, for example, are eligible. The program is a down… Continue reading New Updates to FL Hometown Heroes Down Payment Assistance<\/span><\/a><\/p>\n","protected":false},"author":18,"featured_media":47,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-46","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/blog.vandykmortgage.com\/daviddonaldson\/wp-json\/wp\/v2\/posts\/46","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.vandykmortgage.com\/daviddonaldson\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.vandykmortgage.com\/daviddonaldson\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.vandykmortgage.com\/daviddonaldson\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.vandykmortgage.com\/daviddonaldson\/wp-json\/wp\/v2\/comments?post=46"}],"version-history":[{"count":0,"href":"https:\/\/blog.vandykmortgage.com\/daviddonaldson\/wp-json\/wp\/v2\/posts\/46\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.vandykmortgage.com\/daviddonaldson\/wp-json\/wp\/v2\/media\/47"}],"wp:attachment":[{"href":"https:\/\/blog.vandykmortgage.com\/daviddonaldson\/wp-json\/wp\/v2\/media?parent=46"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.vandykmortgage.com\/daviddonaldson\/wp-json\/wp\/v2\/categories?post=46"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.vandykmortgage.com\/daviddonaldson\/wp-json\/wp\/v2\/tags?post=46"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}