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Postings for companies and products that offer PCSO members discounted prices on goods and services. Messages are retained for 30 days.
Florida Hometown Heroes Loan Program | Guild Mortgage
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David Brenn Posts: 7
2/14/2023
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This program provides down payment and closing cost assistance to first-time, eligible frontline community workers such as law enforcement officers, firefighters, educators, healthcare professionals, childcare employees, and active military or veterans so they can purchase a primary residence in the community in which they work and serve. (The Florida Hometown Heroes Loan Program also offers a lower first mortgage rate and additional special benefits to those who have served and continue to serve their country.)
Program Details:
- Eligible frontline workers can receive lower than market rates on an FHA, VA, RD, Fannie Mae or Freddie Mac first mortgage, reduced upfront fees, no origination points or discount points and down payment and closing cost assistance.
- Borrowers can receive up to 5% of the first mortgage loan amount (maximum of $25,000) in down payment and closing cost assistance.
- Down payment and closing cost assistance is available in the form of a 0%, non-amortizing, 30-year deferred second mortgage. This second mortgage becomes due and payable, in full, upon sale of the property, refinancing of the first mortgage, transfer of deed or if the homeowner no longer occupies the property as his/her primary residence. The Florida Hometown Heroes loan is not forgivable.
Check out the link below:
Guild Mortgage | Mortgage lender and advisor for home loan eligibility
Khaled Morad
Loan Officer | NMLS# 2096211
12189 W. Linebaugh Ave.
Tampa, FL 33626
813-470-0634
Company NMLS # 3274
Equal Housing Lender
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