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CAP COM Launches Community Heroes Mortgage Program

Tuesday, 03 July 2018 04:00

ALBANY, NY – CAP COM Federal Credit Union has introduced its new Community Heroes Mortgage Program. The program is a way for CAP COM to say “thank you” to people who dedicate their lives to others’ well-being. Program participants receive cash and discount benefits when obtaining a mortgage through CAP COM’s mortgage division, Homeowners Advantage. Benefits are valued at more than $1,000.

Professionals and staff who work in the following fields are eligible to participate in the Community Heroes program: 

• Fire and Rescue (paid, volunteer)  

• Law Enforcement

• Healthcare  

• U.S. Military (active-duty, reserves, veterans)

• Education

Community Heroes incentives include a $500 cash deposit (post-closing), complimentary personal real estate attorney representation (estimated value: $500), and a discounted home inspector’s fee (participating provider). A Community Hero Advocate Team manages the homebuyer’s mortgage needs. 

“Giving back to the local community is one of the core principles of our credit union and the CAP COM Cares Foundation,” noted CAP COM Executive Vice President and Chief Lending Officer Chris McKenna. “That is why the lending team is excited about bringing the Community Heroes Mortgage Program to life. The work these local heroes perform every day often goes unnoticed. This program is CAP COM’s small way of acknowledging these cornerstones of our community.” 

CAP COM’s efforts to make buying a home easy and affordable are continuous. For example, it recently debuted a no down-payment mortgage product to assist homebuyers with good credit who are low on cash. 

For more information or to apply, visit: www.capcomfcu.org/hero