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G-I LOAN for Heroes offers service men and women:
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A first mortgage at a low interest rate for 80% of the purchase price
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A second mortgage at 0% interest for 20% of the purchase price, up to $40,000
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A grant for closing costs up to $2,500
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Required home ownership counseling
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Required down payment of only $1,000
YOU QUALIFY IF you are either:
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An honorably discharged veteran
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Currently in the armed forces and a first-time homebuyer
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A member of the Reserve Forces currently on active duty, and a first-time homebuyer
AND IF:
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You have $1,000 in savings to apply towards your new home
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You are interested in buying a single-family home, condominium, or duplex
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You are interested in buying a home as a primary residence
Fill in the form below if you are interested applying for a G-ILoan for Heroes.
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