There is a bill in Congress right now that could change the lives of the people who help us all the most. The HELPER Act of 2023 is a home affordability bill that gives teachers, first responders, and law enforcement officials access to a loan similar to what Veterans receive. The HELPER ACT has huge bipartisan support and could be voted on as early as October 2023.
Check out these benefits of The HELPER Act:
- 0% Down Payment
- NO Monthly Mortgage Insurance
- NO income limits
- NO location limits
- It's an FHA loan, so it allows for higher debt-to-incomes and lower credit scores.
And best of all...you can use The HELPER Act mortgage with local down payment assistance programs and Rebecca's Homes for Heroes discount!
This video shares details about the Homes for Every Local Protector, Educator, and Responder program including who's eligible, how to apply, and when it will pass into law.
Here are the resources I talk about in the video:
House Bill - H.R.3170 - https://www.congress.gov/bill/118th-congress/house-bill/3170/text?s=1&r=5&q=search3170
Senate Bill - S.1514 - https://www.congress.gov/bill/118th-congress/senate-bill/1514?q=search1514&s=1&r=2
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