Are you a Firefighter in Colorado and looking to buy a home?
There are two firefighter loan discounts and Colorado firefighter mortgage loan programs available. Savings are in the thousands when using these programs on your home purchase in Denver.
The two discount programs are: The Colorado Home Buyer Tax Credit, or MCC, and Homes for Heroes.
Homes for Heroes
Homes for Heroes honors your service to our community as Firefighters who give so much to make Colorado an incredible place to live. Colorado Firefighters are one of the groups that we honor through this program. The HFH program gives Fire Fighters mortgage discounts off their closing costs.
To get even more savings with this program, you can use other HFH network providers. Receive discounts from Realtors, contractors, etc. Discounts can be claimed when either buying or refinancing.
Colorado Home Buyer Tax Credit
Another savings program is the tax credit, or Mortgage Credit Certificate (MCC) which is available on many Colorado Firefighter loans. The MCC is can be claimed on your home purchase transaction (or a refinance if you have an existing MCC on your current loan). The tax credit savings are, on average, between $125-$250 per month off your mortgage interest, amounting to tens of thousands of dollars over the life of your loan!
Qualifying factors are that you must fall under your county income limits and be either a first time home buyer, Veteran, OR purchase a home in a "targeted" area. Many Colorado Firefighter mortgage loans are eligible to receive the tax credit!
These two outstanding Colorado Firefighter mortgage discounts are both available through us. Most lenders don't have access to both of these programs, meaning you won't get all of the savings you are entitled to.
Your lender must also understand the unique aspects of fire fighter loans in Colorado. Not only are we experts with these programs, but you will have an on-time closing and the best service because of our in-house underwriting and funding.
Call RJ Baxter in the office at 303-670-0137 to see what you qualify for or visit us at www.cohomesandloans.com.
We will provide honest answers and straight talk about Colorado Firefighter mortgage loans!
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