Mortgages for Teachers and First Responders
Mortgages for teachers and first responders Written by Zach Wichter Aug. 2, 2021 / 2 min read Edited By Bill McGuire Share this page At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity , this post may contain references to products from our partners. Here’s an explanation for how we make money. A new bipartisan bill in the House of Representatives, called the HELPER Act (or Homes for Every Local Protector, Educator, and Responder) aims to help teachers and other first responders who kept things going during the height of the COVID-19 pandemic by providing them with a one-time, down payment-free mortgage . The bill still has a way to go before possibly being enacted, but if it is passed, here’s what it could mean for those covered by the legislation. We also have information on existing programs for people in these professions. What is the HELPER Act? The bill would create a one-time home loan program under the Fed
