Free money for our veterans to purchase homes. Pen Fed Foundation

By
Real Estate Broker/Owner with Apex CRE SA649708000
https://activerain.com/droplet/4cKC

In an effort to always give back and particularly to my fellow veterans I'm always looking for ways to help the 1% who served get into the home of their dreams, it's the reason I started Semper Find My Home, we lower our commissions to help offset the VA funding fee or just to help put money back into the pockets of a young military couple.  So when I heard about the PenFed program yesterday I had to share it with all of you.  It's available all over the US, you should check it out in your area.PenFed Semper Find My Home

PenFed foundation is a little known non-profit organization working to help wounded veterans get into homes by giving them money.  It's an awesome program that works like this.  PenFed addresses the costs associated with closing a home when utilizing a VA loan.  If a veteran makes under $55,000 or 80% of your community's median income based on family size you're eligible.  It starts with a contribution by the vet as little as $500 and is a 3:1 match, so if you contribute $500 they'll match $1,500 for a total of $2,000 to be applied toward closing.  You can contribute all the way up to $1,667 and they'll give you $5,000 for a $6,667 dollars.  Awesome right!!!  At Semper Find My Home, if the veteran can't afford to contribute anything, we're helping them by contributing for them.

The program was designed to help those serving our National Security who would not be able to afford a mortgage.  We just helped a vet today with this program, check out the awesome smile on their face in front of their new home.  Please forward this onto your mortgage lenders to make them aware of this great program. 

Alex Popovic is a Force Reconnaissance Marine Scout/Sniper, now helping vets throughout the entire Phoenix area

 

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This Active Rain post is by Alex Popovic, for all your real estate needs please call 602-290-4266.

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Alex Popovic Real Estate Agent Phoenix, AZ (602) 290-4266

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All about the Veterans
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Rainmaker
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Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Alex, what a great program! Programs like these are the least we can do for people who have been injured while serving our country.

Mar 10, 2014 02:24 PM #1
Rainer
92,057
Alex Popovic
Apex CRE - Phoenix, AZ
Alex Popovic Designated Broker Commercial RE

Troy,

Thanks for the comment and reading my blog.  It's a phenomenal program, I just helped two of my veteran friends utilize this program, they did the max contribution and got $5k toward their closing.  I just noticed you're a local realtor, very nice

Mar 10, 2014 03:37 PM #2
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Rainer
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Alex Popovic

Alex Popovic Designated Broker Commercial RE
Alex, Phoenix is huge can you help us find a place
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