Police Officers, Fire Fighters, Veterans, Teachers, first responders, and other Heroes can save thousands of dollars on their real estate and mortgage transaction through the Homes for Heroes Longmont Colorado program.
The Longmont 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 Longmont Homes for Heroes lender and realize additional savings by partnering with a Homes for Heroes Realtor in Longmont.
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. Tap into our hero network and you can save our thousands of dollars off your home purchase!
The following heroes are eligible: Teacher Mortgage Loans, Fire Fighter Mortgage Loans, Police Officer Mortgage 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.
Example of savings on a $200,000 home purchase for a Homes for Heroes Longmont Colorado Transaction:
Closing Costs: $4000
Lender Fee Reduction: ($500)
Realtor Commission Discount: ($1400)
Home Inspector Discount: ($100)
Moving expenses Discount: ($100)
Total Savings: $2100
Total Closing costs for Hero: $1900
There are also other programs that can save you even more. We are one of the few Longmont CO Mortgage lenders who offer the Longmont Home Buyer Tax Credit, or Mortgage Credit Certificate Longmont. 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.
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 offers both the the tax credit and the Longmont 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 find out if you qualify for the Homes for Heroes Longmont Colorado program and the Longmont tax credit!
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