The VA first time home buyer program is an amazing guaranteed mortgage up to 100% of the purchase price from the Veteran's administration, and can really jump start your real estate portfolio as you embark on your military career. Whether you are buying, selling, or refinancing your home, the homes for hero program is here to serve you...The hero.
Homes for Heroes is a service provider program, vetted and approved. It was established to give back to not only military (active, reserves, and veterans), but also firefighters, EMS, law enforcement, healthcare professionals, and teachers. The 2 minute Youtube explainer video above give a basic overview.
Being a U.S Navy Veteran myself, I am proud to be an affiliate of the Homes for Heroes Nationwide Network, and this is my way of giving back to each and every hero that I can help in the community.
In today's real estate market, it can be easy to get sidetracked to buy or sell your home, without stopping and asking yourself, what am I entitled to. You may have thought because your a Physician's assistant, or a retired teacher, you have no benefits, but that simply is not true. We honor the HERO that is actively working or retired, reservist, if military.
Three Reasons Why Homes For Heroes Is the Standard in 2022
Below I will be listing the 3 Definitive reasons why the program is the standard for buying, selling, or refinancing your home. I will be covering how to get started in the program, how it works, benefits, and cost saving features, and best of all, how easy it is, with our circle of giving approach.
1. FREE MONEY
No that is not a typo. This is an exclusive service based program funded entirely by social enterprise. This is a private program not available to the public and we know you are the ones making sacrifices and putting other peoples needs ahead of yours. This is our way of saying Thank You. But how does it work you are wondering? A couple of ways:
- As a hero home buyer, the Homes for Hero affiliate real estate agent, who is representing you in the home buying process, is giving you .7% of the sales price of the home, as your Hero rewards check. For example, if the home you are buying is $500,000 you are given a check at closing for $3,500, so that you may purchase what you need for your new home. In addition, you will receive up to a $750 credit on ALL lender appraisals, so really there will be no charge EVER on appraisals from your affiliated mortgage lender.
- As a hero home seller, the Homes for Hero affiliate real estate agent, who is listing your home, is giving you a 25% credit on their gross commission at closing, which can add up thousands in saved money, increasing your profit on the sale.
2. EASY to GET STARTED
No Red Tape. No Hidden Fees. No Catch. To Learn more about the program, simply click here. There you can sign up to receive HERO savings, regardless of whether you are buying, selling, or refinancing your home.
3. HOMES FOR HEROES FOUNDATION
Founded in 2009, the mission is to help heroes in dire need as it pertains to housing or emergency financial assistance. To date, as of 2019, over $670,000 has been granted to various American heroes nationwide.
Homes for Heroes FAQ's
Who can qualify for the Homes for Heroes Program?
Firefighters, paramedics, EMT's, police, first responders, active military, military reserves, veterans, healthcare professionals, doctors, nurses, and u003ca href=u0022https://www.ownerly.com/mortgages/home-loans-for-teachers/u0022 target=u0022_blanku0022 rel=u0022noreferrer noopeneru0022u003eteachersu003c/au003e are eligible for this program.
How much money can I save with the Homes for Heroes Program?
You will save .7% on every $100,000 of the purchase price of the home, a total of $2,400 on average. You will also save $500 in lender fees, $150 on title service, and $50 on the home inspection. These are average and vary depending on your transaction.
How does the Home for Heroes Program Work when Selling a Home?
A 25% credit (based off the commission of the Real Estate Agent) is given when you sell a home using one of the Home for Heroes Real Estate Specialists.
Is this Right for Me?
If you are in the community, and did not know about this, we encourage you to learn more about this program, and the various benefits it can provide to your family. Homes for Heroes is again, not a sales program, but a service provider program.
All affiliates in Homes for Heroes are active in their local communities through HERO outreach programs in how we can support and help our firehouses, hospitals, police stations, and military bases.
We encourage you to at least explore this option and discover how much you can save.
We look forward to seeing how we can help you today. To speak with your local Homes for Heroes affiliate to learn more, you can click here.
About the Author
Brian Quigley has been in the Denver mortgage industry since 2003. Customer satisfaction has been his top priority while guiding clients through the home loan qualification process. He is proficient in all types of mortgage financing including FHA/VA, Conventional, USDA, Jumbo, Portfolio, 1031 Exchanges, Reverse Mortgages, Refinancing, Construction loans, and FHA 203K loans.