In this article, we will cover and discuss homes for heroes mortgage for firefighters and police officers. Gustan Cho Associates are excited to roll out our participation in the Homes For Heroes Real Estate Network. This Network is consisting of Realtors, loan officers, title companies, and inspectors to create discounts for the heroes that make our life happen. We are new to this community and are looking forward to passing the benefits down to our clients. In this blog, we will detail the Homes For Heroes Mortgage For Firefighters and Law Enforcement personnel. We will discuss who may use the homes For Heroes Mortgage For Firefighters and police officers, the ins-and-outs of the Home For Heroes program, and how to start the process.
Definition Of A Hero Per Homes For Heroes Mortgage For Firefighters and Police Officers
What is a HERO?
The definition of a hero for the Homes For Heroes network is; anyone who works in the following fields:
- Firefighters and EMS
- Law enforcement
- Military (active duty, reserves, and veterans)
- Healthcare professionals
- Teachers
In this blog, we will detail the qualifications for our local firefighters. A firefighter is defined as a rescuer extensively trained in firefighting, who usually extinguishes hazardous fires that threaten people’s lives and property. They are also highly trained in rescuing people and animals from dangerous situations such as falling through a frozen lake. Over the past few decades, technology in the fire prevention fields has come a long way, but this is a job that still requires a HERO to complete!
Homes For Heroes Mortgage For Firefighters and Law Enforcement Officers: Definition of a Firefighter
Who is considered a firefighter? FEMA defines a firefighter as all members of organized fire departments with assigned fire suppression duties in all 50 states. Here is a list of a few examples:
- Volunteer or probationary firefighters
- Firefighter / EMT
- Firefighter / paramedic
- Public Safety Officers (Many smaller towns and counties have public safety owners who are both police officers/firefighters)
- Driver-engineer
- Lieutenant
- Captain
- Commander
- Battalion Chief
- Assistant Chief
- Fire Chief
Honoring Our Silent Heroes With A Discount on Their Home Purchase
While there may be more positions that can use the program, this is a great list to start with. As you can see the Homes For Heroes program is quite encompassing. They try to help as many HEROS as possible. Firefighters risk their lives and often there are fatalities involved in the work they do. Whether it’s a commercial building fire or a wildfire, the job is dangerous. See this link for a report on how dangerous this job can be:
How Homes For Heroes Mortgage For Firefighters Work
How does the Homes For Heroes program work? To maximize the benefits of the Homes For Heroes for firefighters and police officers, you want to work with a lender and real estate agent who both participate in the program. When buying a house, you will receive a check after closing for a portion of the purchase price to help with moving expenses. When budgeting for a move, it is important to be conservative. More times than not, the expenses related to completing your move are higher than expected.
Savings on Homes For Heroes Mortgage For Firefighters and Law Enforcement Officers
The average savings with the Homes For Heroes program is $2,400! Gustan Cho Associates will contribute to our heroes by paying for the Heroes’ appraisal fees (as long as this is allowed in your state). The realtor will credit a portion of their commission back to the local heroes. It is also possible to receive discounts from home inspectors and title companies.
Lenders and Realtors Participating in the Homes For Heroes Mortgage For Firefighters and Policemen
There is a large database of participating community members within the Homes For Heroes website. If you are refinancing your house, the appraisal will be covered by the lender and you will work with a title company who participates. This will save you overall on the fees associated with a refinance. If you are selling your home, it is important to work with a participating real estate agent. They will also credit you a portion of their commission to maximize the sale of your home.
Starting Homes For Heroes Mortgage For Firefighters
How do you start Homes For Heroes process?
- Sign up at APPLY NOW FOR HOMES FOR HEROES MORTGAGE
- You will be paired up with a local Homes for Heroes specialist
- Buy, Sell, or Refinance your home
- Receive your HERO REWARD
Homes For Heroes Mortgage For Firefighters and Law Enforcement Officers
Gustan Cho Associates are always looking for new ways to help those who serve us. This is the main reason we signed up to participate in the home For Heroes real estate community. This is a tight-knit group of real estate professionals ranging from us the loan officers, licensed real estate agents, title companies, and even home inspectors. This community teams up to serve those who serve us in different fields of homeownership. One of the most important Hero categories this program serves is our police officers.
Homes For Heroes Discount on Mortgage and Realtor Costs For Police Officers
Police officers and all law-enforcement have one of the toughest jobs of our modern era. There is a lot of political controversies involved in today’s law enforcement. We would like to put all that aside and focus on how we can help those who serve our communities. The Homes For Heroes program is a great way to give back to our police officers and other law enforcement. In this blog, we will discuss who qualifies for the program, how the program saves you money, and how to start the process.
Purpose For Homes For Heroes Mortgage For Firefighters and Law Enforcement Officers
Homes For Heroes is set up to help the people who make our everyday life a reality. Everybody from healthcare professionals, teachers, firefighters, EMTs, peace officers, and our military. Today’s police force has a very tough job. Crime seems to be all over the place. Every time you turn on the news there seems to be some doom and gloom controversy surrounding our police force. These American heroes protect and serve us with their unselfish tasks.
The Dangers of Police Work
Being a police officer in 2022 is dangerous. According to NPR, 144 federal, state, and local law enforcement died in the line of duty in the calendar year 2021. That number increased from 129 in 2020. The scariest part about this number is in 2019, firearm-related vitality’s where the leading cause of death to our police force. Meaning in 2019, a police officer was more likely to die from a gunshot than a traffic accident. This is an alarming statistic that needs to be addressed, but in the meantime let’s save you some money.
Who Is Eligible For Homes For Heroes Mortgage For Law Enforcement Officers
Who can use the program? According to the Bureau of Justice Statistics (https://bjs.ojp.gov/?amp%3Btid=7&ty=tp ), Law enforcement is a generic name for the activities of all agency is responsible for maintaining public order and enforcing the law. Mainly the activities of prevention, detection, and investigation of crime and whose motive is the apprehension of criminals. In short, these are the men and women who keep our country safe. There are many different departments of law enforcement all of which are equally important. A few common examples are below:
- Police officer
- Detective
- FBI agent
- Homeland Security
- Ice agent
- Border patrol
- FBI, CIA, and other federal law enforcement officers
- Local, county, state, and federal prosecutors
- Parole Officers
- Deputy Sheriff’s Corrections And Sworn Law Enforcement Officers
- Transit Officers
- Anyone involved in clerical work of law enforcement
Benefits Of The Homes For Heroes Mortgage For Firefighters and Law Enforcement Officers
The Homes For Heroes program allows savings on many aspects of the real estate transaction. The average savings is currently $2400. When buying a home, who couldn’t use an extra $2400? This is the least we can do to help those who help us. As the lender, Gustan Cho Associates empowered by NEXA Mortgage, LLC NMLS 1660690 will cover the appraisal fee for our heroes. The appraisal fee can range depending on the type of mortgage and state the property is located in. Either way, the appraisal fee is on us.
Teamwork of Loan Officers and Real Estate Agents in Helping Our Silent Firefighter and Law Enforcement Heroes
When utilizing the Homes For Heroes program, you will be paired with a licensed real estate agent who participates in the community. They give up a portion of their commission to help you with any moving costs or even new furniture. You can even go one step further and select a title company who participates in the Homes For Heroes real estate community. They offer large discounts on title fees. Many home inspectors are signed up with Homes For Heroes.
Home Inspection In The Homebuying and Mortgage Process
A home inspection is not required by the lender but is an incredibly important part of the real estate transaction. You’re buying a long-term asset, you want to make sure the house is inspected for any unexpected damages. Home inspections are not cheap so a discount can truly help your family. An inspection is also a tool for negotiation during the mortgage process. Example; The inspector may realize that the floor needs to be redone. You can either negotiate the seller to install a new floor before you purchase or ask for a credit to save you money on the floor.
Starting The Homes For Heroes Mortgage For Firefighters and Law Enforcement Officers
How to start the Homes For Heroes Mortgage For Law Enforcement Officers process as a peace or law enforcement. Here are the steps in getting started for our Homes For Heroes Mortgage For Law Enforcement Officers:
- Sign up at HOMES FOR HEROES FOR FIREFIGHTERS AND LAW ENFORCEMENT OFFICERS
- Heroes will partner up with a local Homes for Heroes specialist
- Qualified Heroes Can Buy, Sell, or Refinance current home
- Receive your Homes For Heroes Mortgage For Law Enforcement Officers REWARD
Loan Programs Available From Homes For Heroes Mortgage For Firefighters and Law Enforcement Officers
The Hero Reward is available when purchasing a new home, refinancing your current home, or even selling your current home. Please contact us for more details. Not only does Homes For Heroes Mortgage For Law Enforcement Officers directly save you money, but you are also giving back to other heroes in need. The Homes For Heroes Foundation helps families in need with food, shelter, and even provides homes when possible to a hero and their families. This foundation is a nonprofit set up to help as many families as possible. There are many reasons to participate in the Homes For Heroes program, this foundation is an added bonus.
Qualifying For Homes For Heroes Mortgage For Firefighters and Law Enforcement Officers With A Lender Licensed in 48 States
If you have any questions surrounding the Homes For Heroes program or mortgage questions in general, please call Mike Gracz on (800) 900-8569. We are available seven days a week, mornings and evenings. We work hard to help the families to make our everyday life possible. Without our police force this world would be one scary place. It is time we can give back in any way possible.
Apply Today and Get Pre-Approved
