Buying or refinancing a home can be costly. The bulk of those costs are derived from closing costs, which can range anywhere from 2% to 4% of the loan amount. With our Homes for Heroes Program those fees are eliminated.
But what if you didn’t have to pay some of those costs? Specifically, the fees associated with originating your loan.
Mortgages for America has created our new Home for Heroes Program to provide low-to-no-cost home loans to Military Service members and Veterans, Firefighters, Law enforcement, First responders, Healthcare workers, Truck drivers and Teachers.
Mortgagers for America is a nonprofit mortgage lender specializing in providing home loans for veterans and active-duty military members. Our mission is to provide our Heroes with the housing they deserve.
That’s why we’re pledging home loans with:
- $0 origination fee
- $0 processing fee
- $0 underwriting fee
- $0 credit report fee
These no-fee loans are available for purchase, refinance, VA, FHA, USDA and more on loans of $100,000 or greater.
We’re able to do this thanks to our partnership with Home for Heroes.
According to its website, Home for Heroes was founded in 2009 and has helped more than 39,000 first responders save money on their home transactions. The organization partners with mortgage lenders, such as Mortgages for America, to help our heroes get into the homes of their dreams.
Heroes that qualify for a no-cost home loan include:
- Law enforcement
- Active-duty military
- Healthcare workers
- Truck drivers
For more information on whether or not you qualify for a no-fee home loan or to learn more about the program and how it can benefit you, contact us today at 888-320-7888.