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News

ARTICLE

Date ArticleType
8/4/2025 4:00:00 AM Member News

Compass Mortgage, LLC Offers Hometown Heroes Program

Compass Mortgage, LLC is proud to offer the Hometown Heroes Program to support our Local Heroes in Homeownership.

Lakeland, FL – August?4,?2025 – Compass Mortgage,?LLC is proud to announce the return of the Hometown Heroes Program, a targeted initiative offering enhanced down payment and closing cost assistance to Florida’s essential frontline professionals— nurses, teachers, first responders, military members, veterans, and other designated public service workers.

Key Program Highlights:

• Financial Support: First-time, income-qualified purchasers may receive assistance of up to 5% of their first mortgage amount (maximum $35,000), structured as a 0% interest, non-amortizing 30-year deferred second mortgage. • Preferred Rate Offers: Participating borrowers also enjoy access to competitive first mortgage rates and exclusive benefits reserved for program participants.

Why It Matters

Since its launch in June 2022, Florida’s state-backed Hometown Heroes housing initiative has delivered over $100 million in assistance and helped thousands of service professionals achieve homeownership in the communities they serve. Compass Mortgage is committed to making this impactful program more accessible statewide.

Program Relaunch & Availability

Following a temporary funding pause during 2024, the program is once again open to eligible applicants. Compass Mortgage LLC has re-engaged as a participating broker, ready to connect qualified borrowers with this opportunity as soon as funds are available on August 18, 2025.

Eligibility & Process

To qualify, applicants must:

• Be a first-time homebuyer (not been on title in last 3 years)

• Meet income thresholds based on county guidelines

• Provide job certification for eligible professions

• Have a minimum credit score of 640

Quotes

“Our hometown heroes—including teachers, first-responders, nurses, and veterans— deserve support when it comes to buying a home in the communities they serve,” said Scott Bowne, CFO of Compass Mortgage, LLC. “We’re honored to offer this program again and to support Florida’s backbone workforce with practical homeownership solutions.”

Ready to Get Started or Have Questions?

Contact: Scott Bowne

(863) 712-1023

scott@compassmortgagellc.com

About Compass Mortgage, LLC

Compass Mortgage, LLC is a Florida-based mortgage broker dedicated to supporting Floridians with home financing solutions. With close to 800 five-star Google reviews, Compass Mortgage is a trusted name in home financing.

Disclaimer: Assistance availability is subject to allocation of state funds and adherence to Florida Housing Finance Corporation guidelines. Cerro details may vary by county and are subject to program capacity.

Thank you to our top investors

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35 Lake Morton Dr | Lakeland, FL 33801
Phone: (863) 688-8551 | [email protected]
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