A down payment is the initial payment made when purchasing a home, and it is typically a percentage of the total purchase price. This upfront payment not only demonstrates your commitment as a buyer but also helps reduce the amount of money you need to borrow, ultimately affecting the terms of your mortgage.
The Florida Hometown Heroes program funds are going low so now is the time to lock in your options. This program gives up to 5% towards down payment and closing costs for Florida homebuyers with a brick and mortal Florida employer.
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