Florida Renovation Loans

Homes For Heroes can be combined with Local DPA's

Having worked in mortgage lending for over 32 years now, I still find myself becoming very excited whenever I get to bring new ideas to my local Palm Beach County marketplace.  I have recently joined Homes for Heroes as a local mortgage specialist for Jupiter.  Of course since I am licensed for the entire state of Florida, I can offer this powerful Florida's Homes For Heroes Program throughout the entire state of Florida.  When I learned more about the program, I recognized immediately that the power of this program can be enhanced when combined with many local and/or state of Florida Down Payment Assistance Programs I can offer.


I am certified to originate Housing Finance Agency Loans that offer both grants and second mortgages that can often cover most or all of the minimum required investments or MRI's that FHA, FNMA and FHLMC require.  I offer my clients State of Florida Housing programs as well as Lee County HFA loans that are available in Palm Beach County as well. I have combined many down payment assistance programs with Federal MCC tax credits before but now I can see that the Homes For Heroes Program can also be added as well!  I talk to clients every day that are paying more in rent then they would be paying in a mortgage payment and this hurt me since I know their is a better way.  The key is to spread the word.  Please do with every Hero you know.



Homes For Heroes


One great website that lists many of the assistance programs that are offered is MyFirstFloridaHome.  I can let Realtors and their clients know how and when the Homes for Heroes program can be combined on a purchase of a Heroes new home.


Michael Cantwell

Branch Manager, Highlands Residential Mortgage, Ltd., Palm Beach Gardens Florida

My website - www.MichaelCantwellTeam.com

My Mobile # 561-262-5366

Branch Manager - NMLS: 644428
Highlands Residential Mortgage, Ltd. - NMLS: 134871
Highlands Residential Mortgage, Ltd. is an Equal Housing Lender – This is not a commitment to lend.

Comment balloon 0 commentsMichael Cantwell • May 05 2019 07:06PM
Homes For Heroes can be combined with Local DPA's
Having worked in mortgage lending for over 32 years now, I still find myself becoming very excited whenever I get to bring new ideas to my local Palm Beach County marketplace. I have recently joined Homes for Heroes as a local mortgage… more
FHA Loans with 100% Financing? Sort of, with the Chenoa Fund.
Have you ever heard of the ability to have someone get an FHA loan and borrow 100% of the appraised value? If not then perhaps you have not heard of FHA loans with down payment assistance or DAP's as they are called. FHA allows this if the… more
Lee County HFA can help buyers in Palm Beach County
I get asked a question just about every day regarding the HFA of Lee County - Own a Home Opportunity Program and the Own a Home Opportunity Grant Program It goes something like this; Why do I care about Lee County when I am buying in Palm… more
First Time Home Buyer Down Payment Assistance
I am often asked why so many potential homebuyers in Florida are not aware of the great downpayment assitance programs available in our great state of Florida. I find it a bit confusing myself. Part of the problem in my opinion is that most Loan… more
Mortgage Credit Certificate Program
Florida Housing Finance Corporation offers a Mortgage Credit Certificate Program I just became recertified to offer this program again now that I am working for Eagle Home Mortgage and they offer this unique and little known program. I am so… more
The “Big Bad Bank” Mentality
Have you ever made a loan? Perhaps to a family member or a friend, or as an investment to small business or a colleague. When you made the loan, you likely had an understanding – an agreement – as to how the loan would be repaid. Now imagine that… more
Gotcha! : Part 1 - Your Client's Money Is Not Their Money!
Do you feel like lenders are doing everything they can to not make loans instead of make loans? I do. Many of them tease you with a loan approval, but then, GOTCHA! They have a condition attached that makes it impossible to get the loan done. .. more
Some Quick Guidelines for Agents about Super Jumbo Loan Amounts In…
Contrary to popular belief, super jumbo loans are available in California I want to let you know what I have found to be the maximum loan amounts from the lenders that my company is approved with. As you may have guessed, the requirements for… more
Ten Reasons You May Need A Private Money Loan In San Mateo County
Here are ten reasons why you may need a private money loan in San Mateo County: Speed - private money lenders can move fast because they can give more attention to the files submitted. They are not processing hundreds or thousands of… more