The Pendergast Elementary Community Foundation is located in Phoenix, AZ and is committed to inspire, promote and support extracurricular programs, charitable health and wellness services, financial assistance and scholarship programs for students and teachers. The foundation has contributed over $200,000 in scholarships to aspiring teachers at the iTeachAZ program at ASU Mary Lou Fulton Teachers College.
Teacher first time home buyer programs deliver a variety of benefits to educators who are beginning their journey into finding a home. Some deliver financial benefits, some provide rewards, some provide help at different stages and some deliver resources. When you are looking at your first home, the blizzard of details can be daunting, partly because so much of it is new. Don’t let that stop you. Find the professionals and friends who can help you.
A worthwhile teacher mortgage program can help your search for a new home, or your next home, immeasurably. There are a ton of moving parts in a home search – offers, counteroffers, appraisals, inspections, closings – but none is more central than applying for and being approved for…the mortgage. It’s a complicated contract, and it’s a loan you will be living with for a long time. Your monthly mortgage payment will become a central part of your budget, so you want to do it right. Don’t panic. There’s help.
Teacher home loans come in all shapes and sizes, and many can save you money up front or over the long term. There are at least four federal government programs that help teachers find and buy a home, and many other private ones. You give a lot to your community, and it makes sense for us to give back by making it easier for you to find, afford and move into a new home. What you can save with the teacher home loans and programs outlined in this post is only the beginning. Homes for Heroes offers teachers more savings on top of it!
The Teacher’s Resource is dedicated to supporting the whole person that is the teacher – body, mind, soul, everything. The Homes for Heroes Foundation awarded the organization a $10,000 hero grant to assist in their mission.
It’s teacher appreciation week and at Home for Heroes, we believe that the best way to show teachers our appreciation for the service they give is by helping them accomplish the goal of homeownership! Teachers seeking help buying a home can find some helpful programs here to assist with home purchase costs.
Showing teacher appreciation has always been a good idea. But in the wake of the pandemic and all the new requirements that teachers have had to live with, showing appreciation for our educators is no longer simply a good idea–it is vital to supporting a profession that sustains our communities. In the wake of all of these new pressures, and the loss of so many teachers who could not do it anymore, our nation is humbled in the light of their sacrifices.
As part of their Circle of Giving, the Homes for Heroes Foundation has awarded a $10,000 grant to the Million Dollar Teacher Project operating in Arizona.
The Million Dollar Teacher Project was founded five years ago by Executive Director Lloyd Hopkins. Hopkins has spent 18 years in education, from working with youth offenders, after school recreation programs, and drop out prevention. Read More “Million Dollar Teacher Project is Latest Recipient of Foundation Grant”
USDA home loans for teachers can give you an alternative way to afford a home in the rural community where you teach, or outside the city where you spend your week days. Teachers are notorious for finding different ways to accomplish a goal – you do it in the classroom everyday – so these loans may appeal to you. If living in the city doesn’t appeal to you, the USDA loan guarantee program could put you in a beautiful rural setting, outside the hustle and bustle of the city, or within the rural community where you teach.
FHA loans for teachers are a good solution for first-time homebuyer educators, but only if you’re not perfect. If you are in perfect shape for the house hunt — your credit score, your budget, your savings and your energy level — then you probably don’t need an FHA loan. The FHA loan system is a national program built to help first-time homebuyers, and everyone, overcome some of the hurdles that stand between you and affording a home. If you are looking at the real estate market and the financial hoops you need to jump through, you might be ready to give up before you start. Before you do, may we suggest taking a look at these loan guarantees and take a deep breath. There is help out there.