‘Hometown Hero’ Program Starts June 1

By Kerry Smith

50-plus careers qualify for home-buying help up to $25K – over 3M Floridians. Income limits start at $120K, and home prices at $420K. Webinar training this week.

An estimated 3,089,310 Floridians qualify for home-buying help from the state’s new Hometown Heroes Program (HTH), a program strongly backed by Florida Realtors® during this year’s session of the Florida Legislature.

Who can apply?

In addition, it program applies to first-time homebuyers as defined by the IRS, which says “first-time” means “someone who has not owned a home in at least the past three years” as their primary residence. A renter who inherited home in North Carolina, for example – one they never actually lived in as their primary residence – still qualifies. Buyers who own an investment property also may qualify, provided they only own one and have not lived in it within the past three years.

The program applies statewide, though income limits vary by county. The flyer explains the documentation borrowers must submit to prove they qualify for the program. Low-end income limits start at around $120,000. Home loan limits start around $420,000 in many counties but go as high as $647,000 in some counties, such as Miami-Dade.

How much money?

The program is funded with $100 million. The money isn’t a gift, it’s a loan – but a loan that carries no interest and does not have to be paid back until the homeowner satisfies the mortgage sells the house vacates the house, or refinances. Paid-off Hometown Hero loan money then gets rolled back into the program to help more potential Florida homeowners.

Buyers can receive a loan for up to 5% of the total loan amount up to a maximum of $25,000.

Only about 240 in the state offer this program – and only “approved” loan officers within those companies can offer the product...Our preferred lender is one of them! 


We look forward to speaking with you!

“Real heroes don’t wear capes. Real superheroes wear uniforms and badges and stethoscopes! Real superheroes are members of our military, law enforcement, and first responders. Pretend superheroes wear capes!” —DEAN CAIN, ACTOR, SUPERMAN ON “LOIS AND CLARK”

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Buyer Resources

5 Homebuyer Tips
Here are five tips for navigating the home buying process.
3 Financing Tips
If you are planning on buying a home using a home loan then these three tips will help you get prepared for the financing process.
Credit Score Ranges & Factors
A credit score is a number between 300–850 that depicts a consumer's creditworthiness.
Required Mortgage Documents
Every lender requires documents as part of the process of approving a mortgage loan. Here are documents you’re generally required to provide...
How to Improve Your Credit
Credit scores play a big role in determining whether you’ll qualify for a loan and what your loan terms will be.
The Home Inspection Process
After your offer gets accepted, you’ll have an inspection period. This is your opportunity to have a licensed inspector canvas the home looking for common issues prior to moving forward with the home purchase.
The Appraisal Process
Once you are under contract, your lender will send out an appraiser to verify the purchase price is in line with the property’s value. Here are the two most important things to know about the appraisal process.
Homeowners Insurance
A homeowners insurance policy will protect you against certain losses and damage to your new home and is generally required by lenders prior to closing.
How To Buy in a Tight Market
Here are five things tips that can increase your chances of getting your dream house in a competitive housing market.
Is the Buyer Pre-Approved, or Not?
When selling a home, it’s important to understand the different types of loan approvals that you will come across.
Your Cooper City Specialist
We are The Chenore Group and WE are COOPER CITY! Ben Schulman and Reute Sagee are Cooper City SPECIALISTS! They live, work and play in the city and know all that it has to offer! Every Cooper City neighborhood is unique and offers differing options in floorplans, models, and amenities. FAMILY is what this city is all about and FAMILY is what Ben and Reute are all about...Cooper City offers great schools, shopping, parks, and places of worship. Rely on them to help YOUR Family find a place to call home in
Hurricane Season - The "BOX", What Does This Mean?
The Hurricane BOX... What does it mean and how does it affect your real estate transaction? Jeff has some crucial information that you might find useful during hurricane season!
1413 Properties
Page 1 of 89