Florida Hometown Hero Program
Florida Hometown Heroes - Powered by Satori Mortgage
Eligible frontline workers can receive lower than market rates on an FHA, VA, RD, Fannie Mae or Freddie Mac first mortgage, reduced upfront fees, no origination points or discount points and down payment and closing cost assistance.
Eligibility
The Florida Hometown Heroes Housing Program makes homeownership affordable for eligible Florida residents who are frontline, community workers. The list of eligible occupations is so immense, that we can not post it here. Inquire to verify eligibility.
Benefits
This program provides down payment and closing cost assistance to first-time, income-qualified, homebuyers so they can purchase a primary residence in the community in which they work and serve. The Florida Hometown Heroes Loan Program offers a lower first mortgage rate and additional special benefits to those who have served, and continue to serve, their country.
Assistance
Borrowers may receive up to 5% of the first mortgage loan amount (maximum of $25,000) in down payment and closing cost assistance. Down payment and closing cost assistance is available in the form of a 0%, non-amortizing, 30-year repayable second mortgage. It may not be utilized for any purpose other than down payment or costs (i.e. real estate commissions, borrower debt)
Hometown Heroes Program
As we’ve seen countless times, the heroes who have been at the vanguard protecting our country, Veterans, Active Military Personnel, Healthcare Workers, Teachers, Law Enforcement, Firefighters, EMTs and Foster Parents have been let down, time and time again. Finance is no different and our bravest countrymen and women have simply not gotten the support they deserve. That’s where the Hometown Heroes Mortgage Program comes in. We believe that honoring these brave people goes beyond just platitudes… It requires action.
HEROES FIRST
Our "Save The Day" Offer
Email Your Loan Estimate, Fee Sheet or Quote to Hero@SatoriMortgage.com and Let Us Go To Work On Saving You Thousands on Your Mortgage With Our "Save The Day" Program
Loan Type
Why Compare Offers?
There is so much disparity in the rate and costs offered between all banks and lenders. Where you may see a rate at one bank with $4000 in costs, down the street you could get the exact same rate for $2000 less in costs. By sending in your "benchmark" offer, you know your deal could only get better.
Knowledge is Key
Perhaps the way your loan officer put your deal together is not the best way to maximize your payment and savings. Or, your loan officer may only have access to 1 list of loan options. Our national portfolio of banks and lenders allows us to hunt for the best products, rates and terms. Simply, we have to know more because we have access to more.
Get a 2nd Opinion
We constantly demand 2nd opinions from doctors, attorneys, accountants, and where we buy our big screen TVs from; your mortgage offer is no different. And, in a lot of cases, this is the most amount of money you will spend at 1 time. Again, let us review the offer you have on the table: it can only get better.
How We Help Heroes
There are a lot of reasons why Heroes choose to work with us. We focus on the Person, not the loan. We want to make sure we Fight for Our Heroes, who Have Fought so hard for us.
SATORI MORTGAGE
NMLS # 4190
Mortgage Broker
2808 West Broadway
Minneapolis, MN 55411
(866) 405-3697
info@satorimortgage.com
Complaints may be directed to:
Phone: (866) 405-3743 or
Email: compliance@satorimortgage.com
JOIN OUR NEWSLETTER
Copyright ©2022 Satori Mortgage. NMLS# 4190. 2808 West Broadway Minneapolis, MN 55411 (866) 405-3697. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.
CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE COMPANY OR A LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE COMPANY RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE
RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE
RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEB SITE AT WWW.SML.TEXAS.GOV.
APRs may not be current and APRs change daily. Rates and fees are based on the following assumptions: Conventional <97% LTV, FHA <96.5% LTV, VA <100% LTV, USDA <100% LTV, no subordinate financing, single family residence, $250,000 loan amount, full income verification, 720+ credit, owner-occupied, primary home, first time buyer. Property must be located in the State of Florida. Borrowers must be working a minimum of 35 hours per week. This statement of current loan terms and conditions is not an offer to enter into an interest rate or discount point agreement. Any such offer may be made only pursuant to Chapter 494 of Florida Statutes.