Help is here for Police, Law Enforcement Officers and support staff!In the past 12 months, Officer Next Door has helped over 20,000 law enforcement professionals and other public service employees, navigate the home buying process. If you work in law enforcement, you are eligible for the Officer Next Door National Home Buying Program™. There is no fee for using the program and the benefits are substantial.
Home Loans: For the mortgage loan, an Officer Next Door Certified Program Specialist will discuss your individual situation and help you determine which home loan program will benefit you the most. All loan types are available in connection with the Officer Next Door Program, including conventional, FHA, VA and USDA. In addition, you may qualify for special programs such as Fannie Mae’s HomeReady or Freddie Mac’s HomePossible or HomeOne programs.
Grants: Housing GRANTS up to $6,000.00 are currently available to law enforcement and support staff. Depending on the area, these grants may include government grants and/or the Officer Next Door Grant. Some of the state specific programs may include Arizona Home in Five, Georgia Dream, Florida First and others.
Down Payment Assistance: Officer Next Door works with over thirty different down payment assistance programs, including national programs such as Chenoa and Unison. Currently, down payment assistance amounts may be up to $10,681.00, depending on your location and individual circumstance.
First Time Home Buyers: The Officer Next Door Program is not limited to first time home buyers. However, law enforcement officers and support staff who are first time home buyers may also benefit from Officer Next Door’s First Time Home Buyers Program.
Other Benefits: Law enforcement and support staff may purchase any home on the market through Officer Next Door and there are no 3-year residency requirements. There are no application or up-front fees and the Simple Docs Program™, available in most states, may reduce or eliminate the need for you to gather many of the verification documents typically associated with a mortgage loan.
For more information on the Officer Next Door Program you may visit www.OfficerNextDoor.us or www.teachernextdoor.us/Officer-Next-Door.