Mortgages for Champions Helps Nurses
You’re A Nurse, and You’re Awesome!
You work hard every day. You deserve a mortgage that’s right for you.
The Mortgages for Champions program helps nurses save on closing costs. In turn, you can find the best mortgage possible through the program.
We’ll walk you through how this program works. We’ll also show you why it’s an excellent option for nurses who want to buy a home but are worried about closing costs.
To learn more about how RealFi Funding offers nurses savings on closing costs, keep reading.
Mortgage Loans and Closing Costs
Across the United States, more than 3.8 million nurses are there when the community needs them the most. Yet, nurses can find that closing costs are an insurmountable obstacle when it comes to buying a new home.
It may surprise you how much closing costs add up. In some cases, closing fees can account for 3% to 6% of the total mortgage. For a $300,000 home, these costs can add up to between $9,000 and $18,000.
In some cases, you may see a home that you can’t do without. If so, it’s understandable that you might consider paying the closing costs.
Even slashing closing fees a little bit can help. With our Mortgages for Champions program, however, there’s no need to pay a penny in closing fees.
As a nurse, you might find a no-closing cost mortgage quite helpful. However, you don’t want the cost of closing folded into the loan. This method just adds the closing costs into your mortgage payment.
You deserve better than that. Instead, you deserve to have the closing costs waived so that they don’t affect your monthly mortgage payment.
If you’re considering buying a home, this point is especially valid if you’re concerned about spending too much money. Alternatively, you may not want to pay for these expenses up-front, and these points are understandable.
A Special Thanks to Nurses
Often, nurses have an irregular income. Accordingly, many nursing professionals want to make sure they stay within their means.
The RealFi Funding Mortgages for Champions program can address these issues. We’ve launched the program to thank our hard-working, selfless community champions for their dedicated service.
These champions include EMTs, firefighters, government employees, law enforcement—and yes, nurses. We’ve also extended the program to other select professionals who support our communities.
At RealFi Funding, we acknowledge and appreciate your service. What’s more, we admire your selfless dedication.
We offer our special, discounted mortgage for these reasons. With the Mortgages for Champions program, we waive all lending fees.
In addition, as a nursing professional, you deserve a better mortgage rate. We’ll provide you with the discounted rate that you’ve earned.
There also other benefits to the mortgages for champions program. For instance, there’s no origination fee. You also won’t have to pay for discount points.
We’ll also expedite the mortgage process. As a result, you’ll get a closing statement fast. Before you know it, you can move into your new home.
We aim to provide a different lending experience for nurses. We want to take the stress out of mortgages for nurses by making the process easy, fast, and fair.
If you’re looking to save time and money, then you may find that the Mortgages For Champions program is right for your needs.
The Mortgages for Champions Program
Again, you can take advantage of the special Mortgages for Champions discount with our program.
However, you’ll also receive our promise. We promise to provide you with:
• A quick underwriting process
• Competitive rates
• Customize, personalized lending
We’re extremely dedicated to serving our community champions. For more than 20 years, we’ve built an enduring relationship with local teachers, law enforcement, medical personnel and other community professionals.
In some cases, we’ve become the preferred lender for some of the largest public service organizations in the nation. We genuinely believe in the Mortgages for Champions program. As a result, we go above and beyond for our community champions.
Saving on closing costs is one of the best benefits of the program. You could save more than $100,000 over a 30-year loan amortization period with our Mortgages for Champions program.
After all, we know how important it can be to save money where you can, especially when making your move into a new home or purchasing an investment property.
There’s no better way to do just that than with our Mortgages for Champions Program. It doesn’t matter what kind of mortgage product you want—we’ve got them all covered.
Available Loan Programs
When you work with RealFi Funding, we’ll also help you to find the most competitive loan offers in the marketplace. If you were to do an online search, you might find around 20 to 40 itemized quotes.
You’d also learn the average lending fees and possibly who’s willing to offer you the best deal. You could even save hundreds of dollars—but you can do better.
On your own, you can get mired in the details of reviewing a multitude of funding offers. At RealFi Funding, we make finding a loan easy by providing you with all the information you need in one place to make an informed decision.
The following are a few of the top loan products that we offer.
No Money Down Loans
We offer several options if you’re looking to purchase a home with little to no money down. These choices include USDA loans and VA loans for up to 100% financing with no down payment.
VA Loans
VA loans are available exclusively for active-duty personnel. They’re also accessible to veterans and surviving spouses or dependents.
If you’re a veteran, you can purchase a home with no money down and no cash reserve. There are also no income restrictions for a VA loan. Furthermore, you can refinance a VA loan when mortgage rates improve.
USDA Loans
A USDA loan is another zero down payment mortgage. You can use it to buy a rural or suburban home.
You might like the idea of less bright lights and more green pastures. If so, a USDA loan may serve your needs perfectly.
Conventional Financing
A conventional loan has fewer fees compared to VHA and FHA loans. However, these loans typically require a 5% down payment. If you were to provide a 20% down payment, however, you could bypass mortgage insurance.
Conventional financing requires a better credit score compared to other products. However, your higher credit score will also give you access to better interest rates.
Homebuyer Assistance Programs
Our homebuyer assistance programs—HomeReady and HomePossible—can provide you with down payment assistance. These programs are ideal for first-time homebuyers.
They’ll give you the ability to purchase a home with only 3% down. Yet, you’ll still have access to flexible mortgage insurance options.
ARM Loans
Our adjustable mortgage rate (ARM) loans have an initial fixed interest rate. However, depending on market conditions, the rate will change after a specified time.
FHA Loans
The Federal Housing Administration insures FHA loans. This kind of loan is ideal if you have less than perfect credit. You might even secure an FHA loan with a down payment of as low as 3.5%.
High Balance Loans
You may want a high-balance loan if you’d like to purchase a home that requires financing above the limits of a conventional loan. You’d apply for this kind of loan to purchase a home that costs more than $425,000.
Reverse Mortgage Loan
Finally, you may find that you’re nearing retirement from your nursing career. If so, you might find that a reverse mortgage is a powerful funding source to increase your comfort during retirement. The amount of money you can borrow is based on your home, your age and current interest rates.
Help for Nurses with Mortgages
Healthcare organizations pay nurses well. They also provide nurses with flexible schedules.
However, a flexible schedule isn’t always ideal when you’re seeking loan approval. Traditional lenders view flexible schedules as unstable.
Nursing schedules are complex. As a result, it can prove challenging to prove that you have a stable income to traditional lenders.
At RealFi Funding, however, we take great pride in understanding the needs of our clients. We understand the nature of your field. What’s more, it’s our privilege to help you to move into a new home.
We’ll work with you to show you how to present your income so you can access the best borrowing terms. We’ll do the necessary paperwork and present your income in a way that lenders can understand.
Don’t Wait Another Day, Access Funding Fast
Now you know more about how RealFi Funding offers nurses savings on closing costs.
As a nurse, it can prove challenging to secure a home loan. Nurses are some of the most important service providers in our society, but they often get overlooked when it comes to mortgages—but not at RealFi. We proudly provide special mortgage loans for nurses and other community professionals.
RealFi Funding offers flexible loan programs that allow you to buy your home with little or no down payment and competitive interest rates. We’ve designed our Mortgages for Champions program especially for community champions just like you.
Contact RealFi Funding today at (800) 601-1917 to learn more about accessing great financing for your home quickly. Alternatively, please feel free to apply for a fast, free mortgage quote online.
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