Saving money on a first responder refinance can be a great help if you know what you are doing. Refinancing is a unique real estate transaction because it doesn’t involve buying a house or selling a house. At face value, it looks like you and your mortgage broker are just shuffling numbers around. At the end of the shuffling, however, your monthly mortgage may be dramatically decreased OR you may have a chunk of money (if it’s a cash out refinance) to use for home improvements.
The first responder home loans we are covering in this post have specific discounts or deals that are tailored to firefighters, EMS workers and police officers. You can spend a lot of time searching for them (and trying to guess the right search terms)…or you can let us do it. Homes for Heroes has been serving the first responder community for more than 20 years, so we can help you find savings that could make your new home more approachable.