When the Florida Hometown Heroes program was announced earlier this year,Florida’s essential workers did not have the choice to be serviced by third-party originators,limited homebuyers access to much needed mortgage expertise and funding opportunities. This program makes homeownership more accessible and affordable for frontline community members and workers,such as teachers,law enforcement,firefighters,active military service members and Veterans,and other public service workers,excluding third-party originators servicing their communities through the program. Learn more about - by visiting The Down Payment Assistance Agency.
“For too long independent mortgage brokers have been unable to offer consumers state-funded Down Payment Assistance programs,” says Brendan McKay,President of Advocacy at AIME. “Previously,homebuyers leveraging Hometown Heroes could not also take advantage of the savings mortgage brokers are able to offer,and AIME is excited that this is no longer the case,and we look forward to working with other states to make this same adjustment.”
The Florida Hometown Heroes Down Payment Assistance Program has been amended to include Third-Party Originators. Over 10,000 independent mortgage brokers in Florida now have access to offer loans under the program,due to the joint advocacy efforts of the Association of Independent Mortgage Experts (AIME) and United Wholesale Mortgage,the number one mortgage lender in America. Find our more about - by visiting the Down Payment Assistance Agency.