One of the biggest challenges facing homebuyers is having enough money for down payment and closing costs. Northpointe Bank offers several programs that can help. As a participating lender with the Florida Housing Finance Corporation, qualified borrowers can receive up to $35,000* towards
their down payment and closing costs with the Florida Hometown Heroes Housing Program. Buying a home may be more affordable than you think.
Program Features
Receive 5% of the first mortgage loan amount up to a maximum of $35,000 in
down payment and closing cost assistance as a deferred second mortgage
Not limited to hometown heroes. Offered to all applicants employed full-time
(35+ hrs./week) by a Florida-based employer.
Available to eligible first-time homebuyers for the purchase of a primary
residence in the Florida community in which they work
Veterans may be first-time or repeat homebuyers
Income and loan limits apply and vary by county
Homebuyer education course required
*Florida Hometown Heroes Down Payment Assistance is a 30-year, deferred second mortgage with a 0% interest rate and no monthly payments. Loan is due in full at maturity or sooner if the borrower sells, transfers, refinances, or no longer uses the property as their primary residence.
All loans are subject to credit review and approval. This is not a commitment to lend. Other terms and conditions may apply.
