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ATTENTION PARTICIPATING LENDERS
IMPORTANT ANNOUNCEMENT FROM
FLORIDA HOUSING FINANCE CORPORATION
2025 HOMETOWN HERO PROGRAM REMINDERS
LOAN RESERVATION TO PURCHASE TIMELINE Reservation to Purchase = 60 Days
Loans that are not underwriter certified by 60 days will automatically cancel.
Only one 30-day extension will be permitted. Any loans not purchased by 91 days from reservation will be cancelled. No exceptions.
HTH TBA OCCUPYING BORROWER INCOME
All acceptable sources of income for all occupying borrowers must be used in your AUS. If a source of income cannot be used in your AUS, your underwriter will need to provide an LOX explaining it is excluded .
ELIGIBLE OCCUPATIONS
To determine if your borrower qualifies for HTH, you should first determine if the employer qualifies. Borrowers must work full time for a FL based company offering services in an eligible field of work. Refer to the Occupational List at the link below. We have provided a checklist that will take you step by step in determining if your borrower qualifies. The checklist can be found under the 2025 Hometown Heroes tab located here.
REMAINING FUNDS
There is approximately $34MM remaining and based on current reservations, funding should be available through early December. The amount of funding available is updated on our Rates & Offerings page on eHousing’s website daily.
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