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The Hometown HEROES 2.0 is Currently locked and will reopen today 9/22 at 10am.
$650,000 available in HTH Assistance.
(open due to Tuesday’s 4.5 million not fully utilized)
The Below Applies to ALL FHFC Programs & Options |
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PROGRAMS |
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ELIGIBLE AREAS |
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TIMELINE |
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ELIGIBLE LOAN TYPES |
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HOME BUYER EDUCATION |
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FICO SCORE / DTI REQUIREMENT |
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INCOME |
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CO-SIGNERS |
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PROGRAM FORMS |
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AGENCY WEB | |
LENDER PARTICIPATION |
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MASTER SERVICERS |
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Current Rates – Reservation/locks are available on Business days between 10am-8pm. Please look carefully at the below options & make sure you make the correct selection when reserving.
The Hometown HEROES 2.0 is Currently locked and will reopen today 9/22 at 10am. $650,000 available in HTH Assistance.
(open due to Tuesday’s 4.5 million not fully utilized)
Please make sure you select the correct option and enter the occupation & eligibility of the hero.
Offerings for 9/22/2023 10am – 8pm | AMI | DPA | Lock Rate |
FL FIRST CONVENTIONAL TBA Program | |||
Fannie Mae (HFA Preferred) | 80% & below | FL Assist 10k /
FL HLP 10k |
8.375% |
Freddie Mac (HFA Advantage) | 8.125% | ||
Fannie Mae (HFA Preferred) | OVER 80% | 8.500% | |
Freddie Mac (HFA Advantage) | 8.375% | ||
FL PLUS CONVENTIONAL TBA Program | |||
Offering | AMI | Plus 2nds | Lock Rate |
Fannie Mae (HFA Preferred) | 80% & below | 3% | 8.375% |
4% | n/a | ||
5% | n/a | ||
Freddie Mac (HFA Advantage) | 3% | 8.375% | |
4% | n/a | ||
5% | n/a | ||
Fannie Mae (HFA Preferred) |
OVER 80% | 3% | 8.625% |
4% | n/a | ||
5% | n/a | ||
Freddie Mac (HFA Advantage) |
3% | 8.500% | |
4% | n/a | ||
5% | n/a | ||
BOND | |||
Program | AMI | DPA | Lock Rate |
FL First Government (FHA, USDA, VA) | (*) | FL Assist 10k /
FL HLP 10k |
7.500% |
Fannie Mae (HFA Preferred) | 80% & below and OVER 80% | 8.000% |
- FL ASSIST, 0%, 30 year
- FL HLP, 3%, 15 year
- PLUS, 5 year forgivable
- AMI – (*) – does not apply to Government loans
HOMETOWN HEROES 2.0 TBA |
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FHA, USDA, VA | (*) | 5%
(Min 10k – Max $35k) |
7.250% |
Fannie Mae (HFA Preferred) | 80% & below | 7.375% | |
Freddie Mac (HFA Advantage) | 7.375% | ||
Fannie Mae (HFA Preferred) | OVER 80% |
7.625% | |
Freddie Mac (HFA Advantage) | 7.500% | ||
HOMETOWN HEROES BOND 2.0 BOND |
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FHA, USDA, VA | (*) | 5%
(Min 10k – Max $35k) |
n/a |
Fannie Mae (HFA Preferred) / Freddie Mac (HFA Advantage) | 80% & below | n/a | |
Fannie Mae (HFA Preferred) / Freddie Mac (HFA Advantage) | OVER 80% |
n/a |
eHousingPlus is the Program Administrator. We provide the web-based program loan reservation and management system, Programs web page, Daily Rates, Administrator’s Guidelines, Program forms, Lender Program and System Training, Notices and updates to Lenders, Compliance Support to Lenders, Reviews/Approves Compliance Files, Timelines, Works with the Agency and Master Servicer on Program Goals. |
eHP Origination to Loan Purchase |
BOND Program Lender Guide |
FL FIRST & FL PLUS (TBA) Program Lender Guide |
HOMETOWN HEROES – thru 6-30 reservations |
Effective with reservations as of 7-3
HOMETOWN HEROES – TBA Lender Guide HOMETOWN HEROES – BOND Lender Guide HOMETOWN HEROES – Cheat Sheet – Aid for reserving the correct HTH |
Guidelines for Manufactured Housing – Term Sheet |
How can I attend HTH Program training? Borrower Certification Form – for loan reservations July 3rd and after ATTESTATION FORM – for loans prior to July 3rd FLYER for loans prior to July 3rd FLYER for loan reservations July 3rd and after |
Applies to All DPA Options:
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FL Assist – Loan up to $10,000, 0%, 30 year Deferred |
FL HLP – Loan up to $10,000, 3%, 15 year amortizing |
FL Plus Second Mortgage – Assistance (3%, 4%, 5%) is based on the FINAL loan amount and is automatically calculated. 0% interest, 5 years deferred forgiven at 20% per year |
HTH DPA – 5% Assistance based on the FINAL loan amount (min of 10,000 and max of 35,000). 0% interest, 30 year repayable. |