Teachers, Police Officers, Fire Fighters, Veterans, first responders, and other community Heroes can save thousands on their mortgage and real estate transaction through the Homes for Heroes Evergreen Colorado program.
The Evergreen Homes for Heroes program is designed to provide a more affordable home purchase or refinance transaction for these heroes, and to honor those who give so much. The program enables Heroes to save through a Evergreen Homes for Heroes lender and realize additional savings by partnering with a Homes for Heroes Realtor in Evergreen.
As a Hero lender, we also have a network of affiliates who offer additional discounts on real estate related services and products such as movers, home inspectors, and moving supply companies. Tap into our hero network and you can save our thousands of dollars off your home purchase!
The following types of heroes are eligible: Teachers, Fire Fighters, Police Officers, Veterans, Active Duty Military, First Responders and Hospital workers, and non-profit employees. You can find out more about the program at the official Homes for Heroes website.
Here is an example of savings for a typical Homes for Heroes Evergreen Colorado Transaction on a $200,000 home purchase:
Total Closing Costs: $4000
Discount from Lender: ($500)
Realtor Commission Discount: ($1400)
Discount from Home Inspector: ($100)
Moving Discount: ($100)
Total Savings: $2100
Closing costs for Hero: $1900
There are also other programs that can save you even more. We are one of only a few Evergreen CO lenders who offer the Evergreen CO Home Buyer Tax Credit, or MCC Evergreen CO. The tax credit allows you to use a percentage of your mortgage interest as a tax credit at the end of each year. A tax credit as opposed to a tax deduction, is a dollar-for-dollar reduction of the home owner's tax liability.
We are seeing, on average, a savings of $125-$175 per month, and sometimes quite a bit more, through the tax credit. The savings is good for the life of your loan as long as you are living in the home as your primary residence.
It is rare to find a lender who offers both the the tax credit and the Evergreen Homes for Heroes program. We can offer you both savings, and also have in-house underwriting and funding, which can be an important factor for a hassle-free loan process and an on-time closing.
Call RJ Baxter at 303-670-0137 today or visit us at www.cohomesandloans.com to get your questions answered about the Homes for Heroes Evergreen Colorado program and the Evergreen tax credit!
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