Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Highmark only Homes for Heroes lender in region
RAPID CITY, S.D. (10/1/12)--Highmark FCU, Rapid City, S.D., is the only lender in western South Dakota approved to provide home loans through Homes for Heroes, a program that provides rebates and discounts for military personnel, police officers, firefighters and registered nurses who are buying or selling a home.

The program is designed to help "real-life heroes" open the door to achieve their dream of home ownership. Some of the overall savings qualified applicants receive through this program include:

  • 25% of the gross commission paid to the Homes for Heroes affiliate company, whether the hero buys or sells, or both;
  • Discounted financing and closing fees charged by Homes for Heroes lender affiliates; and
  • Other real-estate related discounts available in some states.
"On the financing side, there are real dollar savings for qualified heroes," said Joanie Howland, Highmark FCU mortgage lending manager. "Specifically, Highmark FCU provides its Homes for Heroes applicants with free appraisal reports and discounted title closing costs. In addition, there could be savings in the amount of money needed for closing due to down-payment assistance options."


RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
1 Day ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
1 Day ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
1 Day ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
1 Day ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
1 Day ago