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 Broomfield Colorado program.
The Broomfield Homes for Heroes program honors the heroes in our community who give back so much, providing a more affordable home purchase or refinance. The program enables Heroes to save by using a Broomfield Homes for Heroes lender and to save even more by also partnering with a Homes for Heroes Realtor in Broomfield.
We also have access to a network of affiliates who offer additional savings on real estate services and products. You can save on movers, home inspectors, moving supply companies, and more. Partnering with our network can save our heroes literally thousands of dollars off their home purchase! The following categories of heroes are eligible:
Teacher Loans, Fire Fighter Loans, Police Officer Loans, Veterans, Active Duty Military, First Responders and Hospital workers, and non-profit employees. Visit the official Homes for Heroes website to find out even more about the program.
Here is an example of savings for a typical Homes for Heroes Broomfield Colorado Transaction on a $200,000 home purchase:
Estimated Closing Costs: $4000
Lender Discount: ($500)
Realtor Discount: ($1400)
Discount from Home Inspector: ($100)
Moving Discount: ($100)
Total Savings: $2100
Net Closing costs: $1900
We also have access to other programs that can save you even more. We are one of only a few Broomfield CO lenders who offer the Broomfield Home Buyer Tax Credit, or MCC Broomfield. The tax credit allows you to use a percentage of your mortgage interest as a tax credit at the end of each year.
Taken as a dollar-for-dollar reduction of the home owner's tax liability, a tax credit is a direct reduction of your tax expense. On average, we are seeing a savings of $125-$200 per month, and sometimes 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 can offer both the Broomfield Homes for Heroes program and the tax credit. We do both, and also have in-house underwriting and funding, which can be critical 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 Broomfield Colorado program and the Broomfield tax credit!

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