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 Lakewood Colorado program.
The Lakewood 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 through a Lakewood Homes for Heroes lender and realize additional savings by partnering with a Homes for Heroes Realtor in Lakewood.
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. Utilizing the Homes for Heroes network can save you thousands of dollars off your 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. 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 Lakewood Colorado Transaction on a $200,000 home purchase:
Total Closing Costs: $4000
Lender Discount: ($500)
Realtor Commission Discount: ($1400)
Home Inspector: ($100)
Moving Company Discount: ($100)
Total Savings: $2100
Net Closing costs: $1900
There are also other programs that can save you even more. We are one of the few Lakewood CO Mortgage lenders who offer the Lakewood Home Buyer Tax Credit, or Mortgage Credit Certificate Lakewood. The tax credit allows the hero to take a percentage of their mortgage interest as a tax credit at the end of the year.
A tax credit (compared to a tax deduction), is a dollar-for-dollar reduction of your tax liability during tax season. On average, there is a savings of $100-$175 per month, and some home buyers are receiving quite a bit more by claiming 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 Lakewood Homes for Heroes program. We can provide both programs for you.
We also have in-house funding and underwriting, meaning a hassle-free loan process and an on-time closing. Call RJ Baxter at 303-670-0137 or visit us at www.cohomesandloans.com to find out if you qualify for the Homes for Heroes Lakewood Colorado program and the Lakewood tax credit! Or simply fill out the form below with your questions.
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