SALT LAKE CITY — Utah became the 44th state to welcome the Homes for Heroes initiative Monday, meaning nearly 200,000 local home-buyers may eventually be eligible to qualify for discounts on lending fees and closing costs.
Homes for Heroes was launched in Minnesota in 2001 and now works with 750 affiliates across the county offering home-buyer discounts to military members, law enforcement, firefighters and teachers, among others.
Mandi Henriod of WJ Bradley Mortgage Capital said the program is unlike any that her business has used to offer discounts before.
“We have teachers call all the time and ask, ‘Are there any discounts?’” Henriod said. “Right now, we have the Good Neighbor Next Door (Sales) program, but it only applies to (reclamation projects) in what are sometimes broken down neighborhoods. Homes for Heroes doesn’t dictate where the home can be located.”