When you add up savings from real estate agents, loan officers, title companies, home inspectors and other everyday deals, the savings is way beyond what you’ll get from other national programs.” The website says, “Most heroes save at least $3,000 when they buy or sell a home with us.

Homes for Heroes 2 is another nationwide homeowner assistance program that aims to make buying a new home more affordable for firefighters, law enforcement, teachers, military, and medical professionals. Homes for Heroes: Healthcare professionals This means that you must refrain from using the funds for an investment property or vacation home.īefore you use this program, though, check that you can’t get more generous grants or loans from your state or local down payment assistance program. Keep in mind that grants are generally only awarded to nurses and medical professionals who are first-time buyers purchasing a primary residence. You may also reduce closing costs by eliminating a home appraisal and other fees.

Nurse Next Door provides grants for nurses of up to $8,000 (where available) and down payment assistance of up to $10,681. Rather, it’s a home buyer assistance program that will help match you with the right property, mortgage, and aid program for your needs (if required). It does not lend money or originate loans. The Nurse Next Door 1 program is not a “true” mortgage loan program. Let’s dig into each program in a little more detail. To give a quick overview, the six best home loans for nurses are: You might find that, even though special perks are available to nurses, one of the mainstream mortgage programs will be your best option. Two are specialized home loans for nurses, and four are “standard” loan programs for which just about anyone can apply.

We recommend six mortgage programs for nurses to explore. So do your research and choose carefully. You might find you can buy a home more easily with a standard mortgage program. However, just because you’re a nurse doesn’t mean a specialized “nurse home loan” is best. Especially, when they’re a first-time home buyer. On top of that, many local and national assistance programs can provide financial help to nurses and medical professionals with down payment and closing costs. Yes, there are quite a few special home loans for nurses. Ap8 min read Are there home loans for nurses?

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