Being away from home is tough. Whatever the reason, whether you are deployed, working with medical teams in impoverished nations, or teaching English in rural villages across the globe, we at Homes for Heroes understand the unique set of challenges that being overseas can present: missing family and friends, missing out on American holidays and traditions, and more.
You put on your nursing scrubs and go to work helping others each day. Despite the stressful healthcare challenges thrown your way, you keep giving your patients your very best professional care. When you take off your nursing scrubs at the end of an exhausting shift, do you dream about retreating to a home of your own? Are you a registered nurse looking for a home? If so, let Homes for Heroes help make your dream of homeownership a reality.
You want to become a homeowner, but you’re not sure how to go about it. The process can speedily become confusing and overwhelming, even for teachers! With terms like a lender, appraisals, amortization, and escrow being thrown around like confetti, you may find yourself hovering the mouse just above the “add to cart” button on Amazon with a degrading, big yellow book staring you down: “Home Buying for Dummies.”
Whether your a Registered Nurse (RN) or a nursing assistant, if you’re educated in nursing, you qualify for the services and savings benefits provided by Homes for Heroes. It can be a challenge for nurses to get a mortgage loan. Mortgage lenders like the the consistency of the 8-5, Monday-Friday job with predictable income. Still, home ownership for nurses is definitely attainable, and Homes for Heroes can help. Our home buying services will find you the perfect home, and the benefits we provide nurses will save you significant money.
Save Money Using Homes for Heroes
When you decide to purchase, sell or refinance a home using a real estate professional affiliated with Homes for Heroes, you will save money. It’s that simple. We have a national network of over 2,400 affiliate real estate and lending specialists who are committed to serving the heroes in their communities, just like you.
When you buy a home through one of our real estate specialists, Homes for Heroes will send you a check for 0.7 percent of the home purchase price after closing. You will receive additional savings on lending fees when use a Homes for Heroes mortgage specialist. The national average savings for one of our heroes is $2,400 when buy or sell a home. Buy and sell a home, and you could save double that amount!
Even if you’ve already started the home buying process with a real estate professional, have your real estate agent contact Homes for Heroes for more information on how they can offer the same great rewards and savings. If you’ve yet to begin the buying journey but are ready to make a move, here are a few tips to make things easier as you go through the process.
Income Verification is Important
Mortgage lenders typically need two years of verifiable income to approve your mortgage loan. This can be a barrier for traveling nurses, but there’s no reason to get discouraged. Just be sure to track when you worked, moved, and the days and weeks in between jobs. Keeping accurate records and contact information from previous jobs can help speed the lending process along.
If you travel often, consider shortening your gaps to less than one month when possible. When your gaps are shorter than one month, it doesn’t raise red flags for lenders and can make it easier to get approved.
Not everyone is willing or able to work a staff nursing job for two years before buying a home. If this describes you, do your best to provide the bank with 24 months of successful employment as a travel nurse. That way you can give them your average monthly income over a two-year period. Make sure to add a letter of explanation to improve your chances of securing a loan.
Be Cool, Stay in School
Although most lenders will require two years of employment history, it’s important to note that your schooling counts as work history. The bank may want to see an employment offer letter stating your expected hours and rate of pay, but this means you can buy a home even if you’re still working towards your nursing degree. If you’re a traveling nurse having a hard time getting approved because of your employment gaps, be sure to include your time spent in school. That may help hurry the process along.
Circle of Giving
Homes for Heroes offers benefits to nurses because we know how much nurses mean to the communities in which they live. The savings we provide is our way to say, “Thank You” for the selflessness and care nurses offer on a daily basis. But, by working with Homes for Heroes, you actually continue to give back in a rather unique way.
When you sign up on the Homes for Heroes website, you will be automatically connected with one of our local specialists. Our specialists have partnered with Homes for Heroes because they want to honor and support the work you do. By working with our affiliate partners to buy or sell a home, you also help heroes in need. Every time you buy or sell a home using the services provided by Homes for Heroes, we make a donation to the Homes for Heroes Foundation to serve heroes in need.. The Homes for Heroes Foundation awards grant money to non-profit organizations that help support firefighters, EMS, law enforcement, military, healthcare professionals, teachers and their families who are in dire need as it pertains to housing or emergency financial assistance.
So, when you purchase your home through one of our affiliates, you are not only saving money, but you are helping to give back to others like yourself.
Are you a nurse ready to buy the home of your dreams? Sign up and get started today.
First responders have dedicated their lives to helping others. But sometimes they could use someone looking out for them, especially when it comes to saving money on home loans. The home buying process can be expensive and extremely complicated. But by partnering with Homes for Heroes specialists, first responders can decrease stress — and costs — when buying a new home. Here are the top ways we can simplify the home buying experience and help save you money.
VA home loans are a great benefit available to almost all members of the armed forces. We say almost because there are some eligibility requirements you’ll have to meet in order to secure the loan. Let’s take a look at what those requirements are and why a VA home loan could be just what you and your family need to buy the home of your dreams.
Becoming a teacher is a calling of the heart. But sadly, that calling often means low salaries, with many teachers taking second jobs to make ends meet. Despite the financial strain, teachers continually put a portion of their paycheck back into the classroom as they purchase much-needed supplies for their students. With student loan payments and tight finances, home ownership for teachers can seem like a distant dream. Thankfully, Homes for Heroes developed a home buying program for teachers to help educators find affordable housing options and make their dreams of home ownership a reality.
Buying a home is one of the most significant and influential decisions you’ll ever have to make. Being a homeowner is an achievement of which to be proud. However, just because you can buy a home, doesn’t mean you’re necessarily ready to. There are several things you should look at in your lifestyle and personal feelings before making such a decision. If you’re considering home ownership and you’re not sure if you’re ready yet, here are five signs that point to yes.
Purchasing a home is challenging enough as it is. But when your credit score isn’t the best, it can seem nearly impossible. Sometimes it feels as if the only lending choice is one of those “bad credit mortgage loans, guaranteed approval!” programs. But before signing on the dotted line, you may want to reconsider your options. These lenders guarantee approval for a reason, and it isn’t just out of the kindness of their hearts. They take on any loan that they can because they charge much higher interest rates! While you may think that you’re doing yourself a favor, you may wind up getting married to a loan for a long time to come. And the worst thing about it is that most of your payments aren’t even touching the principle.
Purchasing your first home is an intimidating process. Unfortunately, not everyone is willing to work with first time home buyers.
Some lenders prefer experienced borrowers, while others knock you over with details and legal jargon. It’s enough to send anyone out of the room in a panic!
Homes for Heroes loves assisting the first time homeowners to find the best house for their exact needs and budget. We believe giving back to everyday heroes begins with finding a place to call your own.