Florida Hometown Heroes

Florida's Hometown Heroes program is one of the most generous state DPA programs in the country, offering up to 5% of the loan amount (capped at $35,000) as a 0% interest, 30-year deferred second mortgage. Originally created for first responders and teachers, the program has expanded to cover virtually all full-time Florida workers in community-serving professions — including healthcare, education, childcare, law enforcement, skilled trades, and military service.

The program requires a minimum 640 credit score, first-time buyer status (veterans exempt), and household income below 150% of area median income — which ranges from about $143,000 to $195,000 depending on county. Funding is appropriated annually by the state and can run out during the year, so timing matters. The DPA covers down payment, closing costs, and even prepaid insurance and tax escrows. It pairs with FHA, VA, USDA, and conventional first mortgages, and works on 1-4 unit properties — making it a powerful tool for Florida house-hackers.

Programs that pair with this