Buying a home for the first time is exciting, but also expensive. While historically people saved 20% for their down payment, you can still get a great home and good mortgage with less, thanks to first time home buying programs for teachers. Between grants, national funding, and different types of loans, there are home buying programs specifically for teachers to help with down payment costs.
Interest rates are at all time lows, I’m sure you’ve heard. But what exactly is an interest rate? Why does it matter if they’re low? How can you get an interest rate even lower? In this edition of Open House, I’ll address all these common questions and more as you prepare to buy or refinance a home. Read More “Open House: Guide to Interest Rates”
There are a lot of factors that are bringing more and more people into the housing market race. Lowest mortgage rates in history, the emergence of flexible work options and working from home, stimulus payments that allowed some Americans to remove debts, and a need to be closer to family. Maybe some or all of these apply to you too. But you think there’s no way you can afford to buy a house. Not on your salary, not in your state or city, not with all the items on your wish list. I’m here to tell you you’re wrong. And I know that from experience. Read More “Open House: Yes, You Can Afford To Buy A House”
Do you need assistance with coming up with money for your down payment? See Grants are like loans, usually given by the Federal Government, that don’t need to be paid back. Grants can make a significant impact on both the ability to buy a home or not, and how much home you can afford. Luckily, there are lots of police officer grants for those looking to buy a home. Read More “Police Officer Grants Available for Down Payment Assistance”
When buying a home, who wouldn’t want to receive free money to apply to your mortgage or down payment? Grants are like loans, usually given by the Federal Government, that don’t need to be paid back. Grants can make a significant impact on both the ability to buy a home or not, and how much home you can afford. Luckily, there are lots of options for grants for law enforcement officers looking to buy home. Read More “Law Enforcement Grants For Buying a Home”
One of the biggest obstacles when it comes to buying a house can be coming up with the down payment. Saving thousands of dollars as a law enforcement employee can be difficult and take years. What many people don’t know is that there are all kinds of programs, grants, and down payment assistance for law enforcement. We’ve compiled the most common savings programs for use on house down payments. Read More “Down Payment Assistance for Law Enforcement”
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”
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.
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”
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”