Mortgages for First Responders
If you work as a law enforcement officer, you may want to learn more about a home mortgage program that’s specifically designed – Mortgages for first responders.
Law enforcement officers are our unsung heroes. You come to our aid when we are in need. Furthermore, you risk your life to save ours.
For these reasons and more, RealFi Home Funding wants to thank you for your service. We also want to show our appreciation for other first responders. Accordingly, we’ve created a special discounted mortgage program called Mortgages for Champions.
To learn more about how we offer the best mortgages for law enforcement officers on our website, keep reading.
What Is the Mortgages for Champions Program?
Mortgages for Champions is a special borrowing program with no lender fees. You may also hear people refer to lender’s fees as closing costs.
Usually, all lenders assess Closing Costs. These fees can often add up to more than $1,700.
With the Mortgages for Champions Program, however, we eliminate all closing costs. With our special lending program, we eliminate fees for:
• The application
• Commitment
• Processing
• Underwriting
What’s more, we’ll provide you with custom, personalized lending.
Furthermore, you’ll enjoy competitive rates when you take advantage of the Mortgages for Champions program. Also, the application process for the program is fast and convenient.
RealFi Home Funding has built lasting friendships with law enforcement and other first responders over the last 20 years. We’ve also actively engaged with our community.
For this reason, we’ve become the preferred lender for some of the biggest names in the first responder industry. What’s more, we truly believe in the Mortgages for Champions Program.
We go above and beyond to provide exceptional customer service for our champions. Our experienced loan experts will work with you to understand your unique financial situation. They’ll then present you with home products that fit your exact needs.
Why We Offer the Mortgages for Champions Program
FIREFIGHTERS SAVE LIVES EVERYDAY
First responders are selfless, hard-working champions. The Mortgage for Champions Program is our way of saying thank you.
The program is our way of acknowledging that we appreciate what you do for us every day. It’s also our way of expressing our gratitude for how your work improves our communities.
Champions are selfless and dedicated. For this reason, we proudly offer you a special, discounted mortgage through the Mortgage for Champions program.
As a champion, you deserve a better rate on your mortgage. The program will enable you to access law enforcement mortgages that fit your exact needs.
The Mortgage for Champions Program is also available for a range of first responder professionals. These champions might include:
• Doctors
• EMTs
• Firemen & law Enforcement
• Government officials
• Military personnel
• Nurses
• Teachers &
You or someone you know may work in first response or a closely related field. However, you might wonder if you qualify for the Mortgage for Champions program.
Please feel free to contact RealFi Home Funding to find out. We’ll gladly look into the matter.
Loan Options That You’ll Find on Our Website
The Mortgage for Champions program also gives you access to purchase a home with little or no money down. For example, you might take advantage of a USDA or VA loan through the program for up to 100% financing. In these instances, you’d have no down payment.
Mortgages for Champions
The following offers a closer look at our available mortgage for champions loan products.
ARM Loans
An ARM loan is an adjustable-rate mortgage. With this kind of loan, the loan will start with an initial fixed interest rate.
Over time, however, the interest rate will change. The rate will adjust based on current market conditions.
Conventional Financing
With a conventional loan, you won’t incur fees like you will with a VA or FHA loan. Typically, however, you’ll need at least a 5% down payment for this kind of financing. If you put down a 20% down payment, however, you can bypass mortgage insurance.
A conventional loan has higher qualifications, such as a better credit score. However, you’ll have access to better interest rates.
Also, you can customize the amortization of a conventional loan. For example, you can choose a 15-, 20-, or 30-year fixed-rate term.
FHA Loan
The Federal Housing Administration insures FHA loans. They do not underwrite the loans. They simply ensure the loan for lenders.
For this reason, an FHA loan is more accessible. You can access an FHA loan with a lower credit score.
Also, you can take advantage of an FHA loan with a lower down payment. In some instances, you could put as little as 3.5% down on a new home.
High Balance Loans
At RealFi Home Funding, we offer a unique solution if you need financing that goes beyond conventional loan limits. This kind of loan is available to purchase homes for more than $425,000.
Home Buyer Assistance Program
If it’s your first home, you might wonder how to find a mortgage. RealFi Home Funding offers loan programs that offer down payment assistance and home buying education.
Our programs are called HomeReady and HomePossible. Our home buyer assistance programs are a great avenue for first-time home buyers.
In some cases, you may only have 3% to put down on the purchase of your home. If so, you can close with more flexible mortgage insurance options using these programs.
When you participate in the HomeReady or HomePossible Program, you’ll also learn everything you need to know about the home buying process.
USDA Loan
The USDA Loan Program is one of the least known about mortgage assistance offerings. With a USDA home loan, you can purchase a rural or suburban home with no down payment.
The United States Department of Agriculture sponsors this loan program. If you prefer more green and less
Your Home is Your Castle
pavement, you may find that a USDA loan is perfect for your needs.
VA Loan
Veterans Administration loans are available under the Mortgages for Champions program for active-duty military personnel and veterans. The program is also available for surviving spouses or dependents. Eligible borrowers can apply for the VA loan program to purchase a home with no down payment and no cash reserve.
The US veteran administration establishes the maximum loan amount. They also establish eligibility requirements for the VA loan program.
With a VA loan, your fees are rolled into the loan. There are no income restrictions to apply for the VA loan program. Furthermore, you may qualify to refinance at a lower rate when interest rates change.
Reverse Mortgage Loan
For some, a Reverse Mortgage Loan is a liberating source of funding for those in retirement. It can able individuals over retirement age to increase their income and remain comfortable in their homes.
You can qualify for a reverse mortgage if you or your spouse are 62 years of age or older. In that case, you may want to consider a reverse mortgage. The value of your home, your age and current interest rates will affect how much you can access using this program.
Experience the RealFi Difference
RealFi Home Funding has assisted homebuyers for more than 20 years. We’re the largest mortgage lender that doesn’t act like one.
Today, we’re one of the top correspondent mortgage bankers in the United States. We’ve earned that status by treating every client like family.
At RealFi Home Funding, we service all types of loans. From new home purchases to investment properties to construction loans—we’ve got you covered.
We have a mortgage solution for every borrower. What’s more, we’ve built a reputation for top-notch customer service and efficiency.
RealFi Home Funding is listed as one of the top Mortgage Bankers in America. We’ve earned that accreditation with high performance during periods of uncertainty.
Resultantly, we’re a force in the mortgage banking industry. However, our mission is simple.
It’s our goal to serve as the most diversified and competitive mortgage option for your needs. What’s more, we intend to meet that goal while providing the best customer service possible.
A Lender That Looks Out for Their Own
Now you know more about how we offer the best mortgages for law enforcement officers on our website.
RealFi Home Funding serves a wide range of borrowers, from first-time homebuyers to high-net-worth investors. We can provide you with the right financing to meet your unique needs.
At RealFi Home Funding, we maintain solid accounting principles and strict compliance policies. These practices have contributed to our solid financial performance. We continue to grow year after year, even during the most challenging economic times.
We’re committed to maintaining strong business principles. However, we’re also committed to providing customer-centric service with excellence. With these beliefs in mind, we created the Mortgages for Program.
Please feel free to contact RealFi Home Funding today at (800) 601-1917 or connect with us online to get started financing your next real estate transaction.
https://www.mortgagesforchampions.com/no-money-down-loans/ 7 Facts to Know When A Police Officer Is Shopping For A Mortgage
https://www.mortgagesforchampions.com/fha-loans-requirements/ Home Loans for Nurses: A Complete Guide to Buying and Refinancing