Mortgage Help for Heroes

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Heroes Advantage Program
 

$750 off closing costs with any mortgage program

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Northeast Bank provides extra support for heroes in our communities, including veterans, nurses, teachers, law enforcement and firefighters.

Heroes Advantage Program

If you're a "hometown hero" seeking to purchase a home, you could qualify for $750 in closing cost discounts. This discount can apply to any type of mortgage loan Northeast Bank offers.

Borrower Eligibility

  1. Educators:  A certified K-12 teacher or administrator in a state-recognized private or public school.
  2. Law Enforcement Officers and Firefighters: An employee of a law enforcement agency or fire department administered by an agency or subdivision of a state or local government; or a sworn law enforcement officer responsible for crime prevention and detection, law enforcement, or criminal incarceration; or a sworn member of a fire department involved in fire suppression or prevention, emergency medical response, hazardous materials incident response, or management/response to terrorism.
  3. Healthcare Workers: A certified, accredited, or licensed health care worker who is a medical resident or fellow; a nurse, certified nursing assistant, pharmacist, pharmacy technician, physician's assistant, physical or mental health therapist, medical technician, or technologist. 
  4. Military Personnel: A member of the United States Armed Forces who is on full-time active duty; a member of a reserve component of the United States Armed Forces or a former member of the United States Armed Forces or of a reserve component of the United States Armed Forces who has received an Honorable discharge.

Mortgage loans up to $484,350.00 are available to qualified applicants who meet NEB's current loan guidelines for owner-occupied residential properties in New England.

Program Benefits:  $750.00 Closing Cost Credit from NEB. 

Documentation Requirements: The loan file must contain adequate documentation that the Borrower meets the employment requirements for a Heroes Advantage Mortgage.

For information on whether you qualify, talk to one of our loan officers today.

VA Loans

If you're a Veteran, be sure to let us know. You may be able to qualify for 100% financing on either a new home or to refinance your existing home. Click here to visit the VA website.