Homes for Heroes, Inc. is an real estate organization that has worked to help those first responders, healthcare workers, educators and military, in buying or refinancing a home.
Jason Cowgill, a loan consultant for Caliber Home Loans in Southaven, is a representative for the Minneapolis, Minnesota-based company, and he wants more local “hometown heroes” to know about this opportunity to save extra dollars in the home-buying experience.
Homes for Heroes, Inc., is the largest nationwide network of real estate and mortgage professionals who have helped over 56,000 American heroes buy, sell or refinance a home and save over $100 million. Cowgill said the program started in response to the 9/11 terrorist attacks.
“The founders of the company who are veterans wanted to give back in a more meaningful way,” Cowgill explained. “They’ve given over $100 million to heroes since then, to first responders, healthcare workers, educators and military.”
How it works is that when qualified homebuyers or refinancers are partnered with the program, they get a closing cost credit as a thank you for their service and to help reduce their costs. “There are lenders that partner with them and real estate agents, and if they partner with both, they can get a reward from the lender and the real estate agents. It can end up being meaningful to offset costs in these uncertain times, just to have a little something extra,” Cowgill said. “Typically, it represents somewhere around $500-$1,000, but it’s based on the size of the transaction. You can also use it with other programs, which is really helpful.”
Cowgill is the DeSoto County representative for Homes for Heroes through his loan company, Caliber Home Loans and through him candidates can apply for the program.
“They can either apply directly through me or they can go to my Homes for Heroes website and I reach out to them and partner up with them where they can do an application and then they’re partnered into the system so when they get to closing, they automatically get the credit on their settlement statement,” said Cowgill.
He said interested people wanting to find out more about the program and then enter their information for contact can go to the following website. Homes for Heroes. Online applications with Cowgill and Caliber are available through Cowgill’s personal webpage. Applicants can apply online on that site before talking with Cowgill if they wish, and to learn more about Cowgill and about Caliber.