Heroes Don’t Always Wear Capes
First responders and health care workers have made a career in helping others. To show our gratitude, we provide a substantial discount on our fees to originate a new home purchase mortgage… or refinance an existing loan.
There are no restrictions regarding the type of loan (e.g., FHA, VA, conforming, jumbo, etc.) and interest structure (e.g., fixed-rate or adjustable-rate mortgage – ARM) you apply for.
Save on Closing Costs
Closing costs generally account for 2% to 5% of your total home loan. For example: if you took out a $400,000 loan, expect to pay anywhere between $8,000 – $20,000 at closing. With our Heroes Program, you’ll receive a $1,000 discount.
- Credit reports (pulled from the three bureaus Equifax, Experian, and TransUnion)
- Tax returns from the last two years
- W-2s, pay stubs, or other proof of income
- Bank statements (e.g., brokerage accounts and IRAs, etc.)
- Renting history (especially if you don’t have an extensive credit history)
- Police Officers
- EMT Personnel
The list isn’t extensive—call to find out if you qualify.
How much mortgage can I afford?
The first step in buying a house is determining a realistic budget. Start with this handy calculator to get an estimate of how much you can qualify for, and how a home loan will fit into your monthly payments. The calculator takes into account your income, the purchase price, and total monthly payment. Try a couple scenarios to see how it might affect your finances.
Do I qualify for the Heroes Program?
Eligible professions for the Heroes Program include but are not limited to firefighters, police officers, EMT personnel, paramedics, nurses, and doctors. If you want to see if you qualify, contact us at (888) 275-8511 to speak to an Ark Advisor.
Do I need to be a past client to qualify?
No, as long as you’re in one of the eligible professions, you’ll be able to save on closing costs whether you’re purchasing or refinancing a home loan.
How long will it take to close?
W2 borrowers can close in as little as 21 days, courtesy of our Express Mortgage Program.
Pair with Other Programs
Mortgage rates are unpredictable and fluctuate daily. Avoid rising interest rates, by locking it in. And you don’t pay extra to “float down” or get the lower current market rates.
A pre-approval makes the house hunting process simpler for you. Show sellers and real estate agents you’re approved for mortgage financing. That way, it doesn’t matter if another bid is higher; yours will be legitimate.
The promise to close within the month may make all the difference in a seller’s decision. We can help you close on a home in 21 days – that’s 26 days faster than the industry average.