Florida · Deferred 0% loan

Florida Assist

$10,000

$10,000 deferred second mortgage at 0% interest. No monthly payments.

Florida Assist provides $10,000 as a 0% interest, deferred second mortgage with no monthly payments. Unlike Hometown Heroes, Florida Assist has no occupation restrictions — any income-eligible first-time buyer in Florida can qualify. The loan is repaid only when you sell, refinance, or transfer the property.

The program works with Florida Housing's first mortgage options including FHA, VA, and conventional loans. While $10,000 is less than the Hometown Heroes maximum, Florida Assist is available to buyers who may not work in one of the designated Hometown Heroes occupations. It can be combined with county SHIP funds for additional assistance, though it cannot be stacked with Hometown Heroes — you must choose one or the other.

Amount$10,000
TypeDeferred 0% loan
Available inFlorida
First-time buyer requiredYes
Minimum credit score640
Multi-unit eligibleYes — 1-4 units

House-hack eligible

This program can be used on 1-4 unit properties. Live in one unit, rent the others.

Programs that pair with this

FHA Loan Saves ~$33,000 on a $200K home vs 20% down
Federal · Subsidized loan
VA Loan $0 down + no monthly mortgage insurance
Federal · Federal benefit
NACA Program $0 down + $0 closing + $0 PMI + below-market rate
National · Nonprofit program
Florida Hometown Heroes $35,000
Florida · Deferred 0% loan
Florida 3-4-5% Forgivable Loan $10,000
Florida · Forgivable loan
Florida HLP $10,000
Florida · Low-interest loan
All Florida programs →

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