Mortgage

Homespire Mortgage waives lender fees for “Healthcare Heroes”

Company estimates program will save home buyers an estimated $1,520 in the process

Lender Homespire Mortgage announced in a release on Monday its Homeownership for Healthcare Heroes Program. The initiative waives all lender fees on purchase mortgages for qualified healthcare professionals.

“Thank you to our community heroes who fought while we stayed home. Now, let us show our immense gratitude and help you to move into yours,” Homespire Mortgage said.

As the nation enters its 31st week in the fight against COVID-19, the housing industry continues to get creative for those battling the pandemic on the frontlines.

Those eligible for the fee waiver include doctors, nurses, and administrative professionals, as well as those working in doctor’s offices, nursing homes, and at-home healthcare professionals, according to the release.

“We are both grateful and humbled by the tremendous hard work, bravery and selflessness our healthcare workers show as they continue to take care of us during these difficult times,” said Michael Rappaport, president for Homespire Mortgage.

“At Homespire, we want to recognize these everyday heroes in the communities where we serve and assist them with their dreams of homeownership,” Rappaport said.

The company estimates the fee waiver will save homebuyers an estimated $1,520 in costs. The program will be available for the remainder of the year on all qualifying applications submitted, with a minimum loan amount of $100,000.

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