Buying a home can be expensive. Really expensive. At Homes for Heroes, we want to see all our local heroes find the joys of homeownership. There are many law enforcement home buying programs and grants out, so we broke down the options for you below. Take a look at some of the best assistance programs for law enforcement professionals to buy a house. Read More
“Law Enforcement Home Buying Programs”
Category: Finance and Credit
Best Discounts for Police
Being a police officer is an incredibly difficult job, and the brave men and women who take on such a role are true heroes. From stopping crime to lending support in times of crisis, there is so much police officers do for our communities. Sadly, it is often a thankless job, but not always. There are many businesses across the country who show their support for police officers by offering valuable law enforcement discounts. These discounts range from reduced prices on clothing to big savings on vacation rentals. Helping heroes save money is what Homes for Heroes is all about, so we’ve listed the best police discounts here for your convenience.
Physician Mortgage Refinance | Save on Closing Costs
When you bought your home, you took out a mortgage loan for the cost of your house. If it was your first home, maybe your credit score was lower, and you had a higher interest rate. If it was a few years ago, you almost surely had a higher interest rate, as current rates are at or near historic lows. Maybe you’ve put a lot of work into renovating your house, and it will appraise for more money. All of these are good reasons to refinance your mortgage as a physician. You’ve heard it can save you money, but what does refinancing your mortgage even mean? Read More “Physician Mortgage Refinance | Save on Closing Costs”
Down Payment Assistance for Healthcare Workers
Coming up with a down payment can big the biggest obstacle to buying your first home. Luckily, there are several programs with down payment assistance for healthcare workers. There are also different types of home mortgage loans that require little or no down payment. Homes for Heroes also offers Hero Rewards to heroes across the country in healthcare, law enforcement, education, firefighting, EMS and military professions. Read More “Down Payment Assistance for Healthcare Workers”
FHA Home Loans for Nurses | Save on Closing Costs
The goal of owning a home is high on several people’s goal lists. But it can be hard to save for a 20% down payment and get your credit score to excellent. Luckily, FHA home loans for nurses are a great home loan option. These less common, but still very obtainable mortgages, are available to those with lower credit scores. FHA home loans also only require up to 10% for the down payment. Learn more about FHA home loans and how they are a great option for nurses.
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Is It Possible to Buy a House with Bad Credit?
Many first-time home buyers think that the hardest part of purchasing a home is finding the right place to live. But anyone who’s gone through the lending process can tell you otherwise.
Getting approved for a home loan is a confusing process under the best conditions. But getting approval with a low credit score can feel next to impossible. If you’ve been thinking about buying a house but have less than stellar credit, there’s no reason to give up hope. There are still ways to get a home loan with bad credit. In fact, you may already qualify! Here’s everything you need to know about buying a house with bad credit. Read More “Is It Possible to Buy a House with Bad Credit?”
What is the Cost to Refinance a Home?
Refinancing your mortgage can be a great way to save money. But you’re going to have to spend a little money to do it. As they say, “No pain, no gain.” That pain largely comes in the form of closing costs, and they can be significant. Here’s a detailed look at the cost to refinance a home and how you can save money now and in the future.
How are Property Taxes Calculated? What to Know When Buying a Home
Taxes are nobody’s favorite thing, and most of us would rather just not think about them. But they are an important part of home ownership and need to be a consideration as you begin the home buying process. Many first-time home buyers who are unfamiliar with the details often wonder, “How are property taxes calculated, how do I pay them and how often?” To help you navigate what can seem like a complex and difficult issue, here’s everything you need to know about property taxes. By doing searches for an accountant near you, such as searching for accountancy practises in birmingham as one example, you can gain further help on the matter and take professional advice to aid these tips.
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What You Need to Know About Escrow: The Do’s and Don’ts of How Escrow Works
Buying a home can sometimes be a long and difficult process. But when you find a home you love and your offer is accepted, the finish line appears near. This period is commonly referred to as “being in escrow” and there are a number of things you need to do — and not do — before closing. To help you achieve your dream of home ownership, here’s what you need to know about escrow in the form of the top do’s and don’ts when in escrow.
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What Does a Loan Officer Do?
If you are like many heroes, purchasing a home is one of the biggest decisions you will ever make. The loan officer you select becomes an integral part of the process. A good loan officer can provide you value and support not just during the home purchasing or selling process, but afterwards as well. Whether you’ve just begun your search or you’re still wondering how a loan officer is fits into your home transaction, here are a few ways loan officers can add value to this vital decision.