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Home Loans For Cops

Category : HOME BUYING

Home Loans for Cops

Real Estate 101 For Police Officers & All Law Enforcement

You work hard to keep our communities and streets safe. Now, you’re ready to set down some roots. Home buying for police doesn’t need to be hard. When it’s time for a police officer to buy a home, Home for Cops is there to make buying a home for affordable. We are a nationwide network of real estate agents eager to show our gratitude for your service. When you buy or sell a home from one of our qualified Realtors, you’ll receive 25% of the real estate agent commission back as a rebate. Plus, we will donate $500 to a charity, nonprofit, or memorial fund of your choice.

Beginning the Home Buying Process

Like many of our nation’s heroes, police officers are overworked and underpaid. That doesn’t exactly make purchasing a home easy. We want to make home buying for police officers easy – When you’re ready to buy, there are a few things you can do to make sure you’re ready.

  1. Get your finances in orderLaw enforcement professionals can get special down payment assistance from a variety of sources, but it’s important to have your personal finances cleaned up as much as possible before you start this process. You may be able to purchase a home with little to no money down, but if you can save up a sizeable down payment, you’ll be much better off in the long run. Pay off your debts as much as possible to ensure your credit score stays within qualifying range.
  2. Find a knowledgeable and certified RealtorLook for a Realtor who works with law enforcement professionals in your area. Contact us and we will get you connected with a real estate agent who can walk you through the process.
  3. Get pre-qualifiedOnce you’re connected with a real estate agent, it’s time to find a lender who can explain your financing options. Get a pre-approval letter from your lender as soon as you’re ready to start looking at homes. This way, you’re ready to make an offer when you find the right property.
  4. Know your financing optionsYour lender should also be able to explain all your home financing opportunities to you in detail. Find out about hero loans, local home buying programs for law enforcement professionals, FHA loans, and conventional loans before deciding which option is best for you. There are dozens of home buying programs for law enforcement and other local heroes, so do your research!

 Finding a Home for a Hero

Your schedule is hectic. Between patrolling the streets, responding to emergencies, maintaining order, or helping citizens in your community, your time is limited. We want to help you find a home quickly.

Here at Home for Cops, we understand that your time is valuable. We believe in providing excellent customer service to our nation’s heroes. An expert real estate agent will search available home listings, keeping in mind your wants and needs, and find homes that meet your specifications. Home buying for police does not need to be difficult.

Our partner agents will help you find the perfect home for your family. Once you find a home you love, your Realtor will help you make the strongest offer possible, based on several considerations:

  • Comparable home prices in the same area.
  • The competition from other buyers. If multiple want to purchase the same home, you could find yourself in the middle of a bidding war. Ask your Realtor if this is something you should expect.
  • The amount of time the home has been on the market.

Real Estate Agents Thanking Our Law Enforcement Professionals

Congratulations! Your offer has been accepted, and now it’s time to head to the closing table. The escrow usually takes somewhere between 4-6 weeks to close on a real estate deal, so be patient as the process continues.

Our affiliated real estate agents are eager to help find homes for our heroes. Besides helping you find the best down payment assistance and loan rates for police officers, Homes for Cops Realtors do something even more incredible. At closing, you will receive 25% the real estate commission back from your agent.

  • What does 25% of the real estate agent’s commission mean? On a $500,000 home purchase, your rebate could be as much as $3,750!

Why do our affiliated brokers agree to giving up such a large amount of their Realtor commission? Because they recognize your service and your sacrifice to keep our streets safe. You put your life on the line every day to keep our families safe. This is our way of offering our thanks.

  • In addition to giving you a refund, we will also donate $500 to a memorial fund or charity of your choosing. It’s just one more way we are giving back to those who serve.

Want to Know More About Homes for Cops?

Of course, restrictions apply to the Homes for Cops program. It’s only offered in states where commission refunds are allowed by law. For a detailed explanation of the program, where it’s offered, and how you can benefit from a rebate for police officers and law enforcement personnel, check out our Frequently Asked Questions page.

Thank you for serving your community. Now, let us serve you. When you’re ready to buy a home, Homes for Cops can connect you with a real estate agent who appreciates your service and your sacrifice.


Downpayment Assistance

Category : HOME BUYING

Down Payment Assistance

One of the largest misconceptions about purchasing a house is that you need at least 20% to purchase a house. Well, that's defintely not true.

There are many different loan types. Some that can actually get you in a home with 0 down, that's right, 0 money down when buying a home.

Homepath Lending is a leader in affordable housing solutions, from down payment assistance grants to interest-free second mortgages and other special mortgage programs, there is a growing number of options for people who want to buy a home without a down payment.

  • Homepath Lending is approved with over 100 different Down Payment Assistance Programs.
  • Deferred payment silent seconds, tax deductions, and grants are all different forms that Down Payment Assistance can be found
  • Programs can be used for down payment, closing cost assistance and more
  • Not limited to first-time homebuyers
  • Options available for FHA, VA, and Conventional Home Loans
  • Specialty programs available for teachers, firefighters, police officers, Veterans and more
  • Down Payment Assistance programs available in California, Colorado, Oregon, and Texas

Working on getting us set up with this company https://downpaymentresource.com/how-it-works/ So we can include the search tool to Use their Down Payment search tool to see what programs clients may be eligible for on our site.

 


Homebuying for doctors & nurses.

Category : HOME BUYING

Affordable Home Ownership for Medical Personnel

We all count on medical professionals to keep us healthy. Furthermore, we know you have worked tirelessly to save lives and make lives better. Therefore, we want to honor your work and your dedication to keeping Americans healthy. That’s why Homes for Champs Realtors want to make the home buying process easier and more affordable for our nation’s doctors, nurses, and other medical professionals.

We want to recognize your selfless service. That’s why Homes for Champs-affiliated Realtors will refund 25% of their commissions back to you after closing. For example, that means on a $500,000 home, your rebate would be $3,750!

In addition, Homes for Heroes will also donate $500 to a charity or memorial of your choice.

All medical professionals are eligible: doctors, nurses, nursing assistants, and other medical personnel.

Starting the Home Buying Process

Purchasing a home is a smart investment, not to mention an exciting milestone in your life. No matter whether this is your first home or your tenth, you’ll want to make sure you have everything you need to make the buying process go smoothly.

  • Get your finances in order. First, check your credit score, so you know where you stand. Many medical professionals leave college with a large amount of student loan debt. While this isn’t uncommon, it can wreak havoc on your credit score and your ability to qualify for a home loan.

    Secondly, if you’ve got student loans or a large amount of outstanding debt, pay down as much as you can so you can increase your credit score and qualify for a better interest rate on your mortgage.

  • Get pre-approved. The next step is pre-approval and pre-qualification. Contact lenders in your area, or reach out to a Homes for Champs real estate agent for suggestions. It pays to shop around, so make sure you contact several lenders to find the best interest rate.

    Many sellers won’t accept an offer from a buyer who isn’t already pre-qualified. Therefore, taking the time to get your financing in order will put you in a better position to negotiate once you find the perfect home.

  • Find a Homes for Champs real estate agent in your area. Our affiliated Realtors want to thank you for helping those in need. All of us seek medical attention at one time or another, so our real estate agents want to recognize your service. That’s why Homes for Champs-affiliated agents refund 25% of their Realtor commission to you after closing. We believe our nation’s heroes deserve our appreciation, so we want to make home ownership more affordable.

 

Home Financing Options for Medical Professionals

  • FHA Loans. If you’re a first-time homebuyer, consider an FHA loan. FHA loans are government-backed by the Federal Housing Administration and are therefore specifically designed to help first-time homebuyers purchase houses. Plus, an FHA loan can get you into a home with as little as 3.5% down depending on your credit history. Unlike FHA, conventional loans (see more about those below) typically require borrowers to have up to 20% down at closing.

    However, you should know that FHA loans require the borrower to pay private mortgage insurance (PMI), monthly insurance that protects the lender should you default on the loan. You’ll have to pay PMI monthly until your payments reach 20% of your equity or less than 80% of your total loan amount.

  • Conventional Loans
    Conventional mortgages are loans that aren’t backed by a government agency. Therefore, most lenders borrowers to put 20% of the home’s value down at closing. However, some lenders will approve a loan with less than 20% down as long as you carry PMI.

    Conventional loans are typically 15- or 30-year fixed terms and with fixed interest rates based on the Federal Reserve rates. Interest rates and payments remain the same throughout the life of your loan (although tax rates and insurance payments may increase over time).

    Conventional loans are an excellent option for buyers who have a significant amount of money to put down on a loan. More substantial down payments mean a lower overall monthly payment, and you’ll also pay less in interest over the life of your loan. Contact a reputable lender to learn more about conventional loans and your options.

Finding a Real Estate Agent Who Appreciates Medical Professionals.

Next, it’s time to hire a qualified and experienced real estate professional. An experienced Realtor will help you find the perfect home, make a strong offer, and negotiate maintenance issues with the sellers. However, not all real estate agents participate in the Homes for Champs rebate program, so check our website and connect with an affiliated agent in your area.

Homes for Champs real estate agents are eager to thank our nation’s medical professionals for their selfless service. So, our affiliated Realtors offer a 25% rebate on your agent’s commission. Plus, Homes for Champs will donate $500 to a memorial fund or charity of your choice.

Why do our brokers offer rebates on their hard-earned Realtor commission? Because they want to show their appreciation for your dedication and talent. They want to thank you for keeping ourselves, our friends, and our families safe and healthy.

Want to Know More About Homes for Champs?

Commission refunds are not allowed in all states. For a detailed explanation of the program and how you can benefit from a rebate for military heroes, check out our Frequently Asked Questions page.

 

Thank you for serving us. Now, let us serve you When you’re ready to buy a home, Homes for Champs will connect you with a real estate agent who wants to recognize your extraordinary service.


Homebuying Tips for Military Service members

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Category : HOME BUYING

https://homepathlending.com/apply-nowYou’ve dedicated your life to serving our country. Now it’s our turn to give back to you.

Whether you’re moving because of a PCS or retiring from military service, we want to help make the home buying process easy for military servicemembers and their families. That’s why Homes for Champs-affiliated Realtors will refund 25% of their commissions back to you after closing. That means that on a $500,000 home, your rebate would be $3,750!

Homes for Champs will also donate $500 to a charity or memorial of your choice.

All active duty, reservists, veterans, and retirees are eligible. If you served, we want to thank you.

Getting Started: Home Buying 101

Buying a home is a smart investment and an exciting milestone in your life. Whether this is your first home or your fiftieth, you’ll want to prepare before starting your home search.

  • Get your finances in order. If you have debt, pay off as much as possible before applying for a home loan. Save money for a down payment if possible.
  • Get pre-approved. Contact several lenders, find the best rate, and get pre-approved for a loan before you start searching. Many sellers won’t accept an offer unless you’ve been pre-approved or pre-qualified.
    • For more information on loan programs, read below!
  • Research your new area. Look up school information, crime statistics, nearby entertainment and shopping, or other relevant factors for your family.
  • Find and interview realtors. Use the Homes for Champs website to search for a participating realtor. Working with one of our partner agents can save you thousands in commission costs. We work with expert agents across America who want to give back to our nation’s heroes: active duty, veterans, or retirees.

Financing Options for Military Servicemembers

We know military servicemembers don’t get paid nearly as much as they should. Saving up for a down payment can be challenging. That’s why veterans enjoy unique financing options when buying a home.

  1. VA Loans.
    The Office of Veterans Affairs supports loan programs for current and former American servicemembers with $0 down at closing. This is an excellent option for military members looking to purchase a home, but who don’t have the down payment needed for conventional loans. Plus, VA loans do not require you to carry private mortgage insurance (PMI), the insurance that protects lenders should you default on the loan. Other loan programs may insist you carry PMI. Most lenders offer VA loans. Contact a lender to learn more.
  2. FHA Loans. Many first-time home buyers choose FHA loans. FHA loans are backed by the Federal Housing Administration, created specifically to help first-time homebuyers purchase houses with as little as 3.5% down depending on your credit history. But as a veteran, FHA may not be the best option for you. Unlike VA loans, FHA loans require the borrower to pay private mortgage insurance (PMI), unnecessarily increasing your monthly payment.


Military veterans can choose FHA loans, but VA loans are usually a better financial option. Using a VA loan over an FHA could save you thousands in PMI over the course of your loan.

  1. Conventional Loans
    Conventional mortgages are not backed by any government agency, so most lenders require borrowers to have 20% of the home’s value down at closing. Some lenders will approve a loan with less than 20% down if you carry PMI. Conventional loans are fixed-term (typically 15 or 30 years) and fixed-rate mortgages based on the Federal Reserve interest rates. Once you close on a home using a conventional loan, your interest rate and monthly payment remain the same for the life of your mortgage.If you have money saved for a down payment, a conventional loan is a wise option. Putting more money down up front means a lower monthly payment, and you won’t have to worry about PMI if you put 20% down.

 

All mortgage lenders offer conventional loans, but approval is dependent on your credit score, available down payment, debt-to-income ratio, and other factors. Contact our preffered lender to learn more.

Real Estate Agents Thanking You for Your Service

Our affiliated real estate agents are eager to help our nation’s heroes find the right home and make it more affordable. After closing, you’ll get 25% of the real estate agent’s commission back. Plus, Homes for Champs will donate $500 to a memorial fund or charity of your choice.

Why do our affiliated brokers give up such a large amount of their Realtor commission? Because they want to show their appreciation for your service to our county.

Want to Know More About Homes for Champs?

Commission refunds are not allowed in all states. For a detailed explanation of the program and how you can benefit from a rebate for military heroes, check out our Frequently Asked Questions page.

Thank you for serving our country. Now, let us serve you. When you’re ready to buy a home, Homes for Champs can connect you with a real estate agent who appreciates your service and your sacrifice.


Buying Homes For Law Enforcement

Category : HOME BUYING

Homebuying for Cops

Real Estate 101 for Law Enforcement Professionals

You work hard to keep our communities and streets safe. Now, you’re ready to set down some roots. When it’s time for a police officer to buy a home, Home for Champs is there to make buying a home for affordable. We are a nationwide network of real estate agents eager to show our gratitude for your service. When you buy or sell a home from one of our qualified Realtors, you’ll receive 25% of the real estate agent commission back as a rebate. Plus, we will donate $500 to a charity, nonprofit, or memorial fund of your choice.

Beginning the Home Buying Process

Like many of our nation’s heroes, police officers are overworked and underpaid. That doesn’t exactly make purchasing a home easy. When you’re ready to buy, there are a few things you can do to make sure you’re ready.

  1. Get your finances in order. Law enforcement professionals can get special down payment assistance from a variety of sources, but it’s important to have your personal finances cleaned up as much as possible before you start this process. You may be able to purchase a home with little to no money down, but if you can save up a sizeable down payment, you’ll be much better off in the long run. Pay off your debts as much as possible to ensure your credit score stays within qualifying range.
  2. Find a knowledgeable and certified Realtor. Look for a Realtor who works with law enforcement professionals in your area. Contact us and we will get you connected with a real estate agent who can walk you through the process.
  3. Get pre-qualified. Once you’re connected with a real estate agent, it’s time to find a lender who can explain your financing options. Get a pre-approval letter from your lender as soon as you’re ready to start looking at homes. This way, you’re ready to make an offer when you find the right property.
  4. Know your financing options. Your lender should also be able to explain all your home financing opportunities to you in detail. Find out about hero loans, local home buying programs for law enforcement professionals, FHA loans, and conventional loans before deciding which option is best for you. There are dozens of home buying programs for law enforcement and other local heroes, so do your research!

Finding a Home for a Hero

Your schedule is hectic. Between patrolling the streets, responding to emergencies, maintaining order, or helping citizens in your community, your time is limited. We want to help you find a home quickly.

Here at Home for Champs, we understand that your time is valuable. We believe in providing excellent customer service to our nation’s heroes. An expert real estate agent will search available home listings, keeping in mind your wants and needs, and find homes that meet your specifications. 

Our partner agents will help you find the perfect home for your family. Once you find a home you love, your Realtor will help you make the strongest offer possible, based on several considerations:

  • Comparable home prices in the same area.
  • The competition from other buyers. If multiple want to purchase the same home, you could find yourself in the middle of a bidding war. Ask your Realtor if this is something you should expect.
  • The amount of time the home has been on the market.

Real Estate Agents Thanking Our Law Enforcement Professionals

Congratulations! Your offer has been accepted, and now it’s time to head to the closing table. It usually takes somewhere between 4-6 weeks to close on a real estate deal, so be patient as the process continues.

Our affiliated real estate agents are eager to help find homes for our heroes. Besides helping you find the best down payment assistance and loan rates for police officers, Homes for Champs Realtors do something even more incredible. At closing, you will receive 25% the real estate commission back from your agent. 

  • What does 25% of the real estate agent’s commission mean? On a $500,000 home purchase, your rebate could be as much as $3,750!

Why do our affiliated brokers agree to giving up such a large amount of their Realtor commission? Because they recognize your service and your sacrifice to keep our streets safe. You put your life on the line every day to keep our families safe. This is our way of offering our thanks.

  • In addition to giving you a refund, we will also donate $500 to a memorial fund or charity of your choosing. It’s just one more way we are giving back to those who serve.

Want to Know More About Homes for Champs?

Of course, restrictions apply to the Homes for Champs program. It’s only offered in states where commission refunds are allowed by law. For a detailed explanation of the program, where it’s offered, and how you can benefit from a rebate for police officers and law enforcement personnel, check out our Frequently Asked Questions page.

Thank you for serving your community. Now, let us serve you. When you’re ready to buy a home, Homes for Champs can connect you with a real estate agent who appreciates your service and your sacrifice.