THE LONG & FOSTER COMPANIES®
ANNOUNCES SPECIAL HOMEOWNERSHIP
PROGRAM FOR PUBLIC SERVANTS
Program Offers Special Financing and Unique Real Estate Services To State and Local Police, Firefighters, Military, School Teachers, and Certified Healthcare Providers:
The Long & Foster® Companies, comprised of Long & Foster® Real Estate, Inc., Prosperity Mortgage® Company, Long & Foster Insurance Agency, Inc., Long & Foster Settlement Services, and Home Service Connections®, have launched a unique home buying initiative called the “HELPING THOSE WHO SERVE” Homeownership Program . This beneficial program is led by Long & Foster® Real Estate agents who have teamed up with Prosperity Mortgage® loan officers, Long & Foster Insurance agents, our many Prestige Partners® settlement services, and our Home Service Connections® group to help vital public servants purchase their first homes or move up to a larger home.
Our public servants are very special members of the community. They are our neighbors, our community leaders, and our friends and include: state and local police, firefighters, military, school teachers, and certified healthcare providers. The many discounts and special financing product will be offered to public servants purchasing a home throughout Long & Foster’s seven-state Mid-Atlantic region with a ratified contract between November 10, 2006 and March 31, 2007.
Long & Foster® Agents to Partner With Prosperity Mortgage® To Offer Public Servants First Time Or Move-Up Homeownership Opportunity.
A major component of the “HELPING THOSE WHO SERVE” Homeownership Program is a series of community home buying seminars such as this one, spearheaded by Long & Foster® Sales Associates who have teamed up with Prosperity Mortgage® loan officers. Together, they will show our region’s public servants how they can afford to buy a home in the communities where they work.
Statistics show that many consumers are entering public service professions and are unable to purchase a home where they work. By using a Long & Foster® Sales Associate and by obtaining an advantageous mortgage from Prosperity Mortgage®, homeowners insurance from Long & Foster Insurance, and settlement services through one of Long & Foster’s Prestige Partners®, the homebuyer will get:
· A certificate worth $500 credit at closing
· Up to 100% financing
· Flexible credit guidelines
· Non-traditional credit profiles
· Expanded qualifying ratios up to 50%
· Discounts on a variety of Home Service Connections® vendor services for moving and storage
Steven Underwood, a home mortgage consultant for Prosperity Mortgage®, Long & Foster’s mortgage affiliate said, “There are many public servants who are first time buyers who are actually qualified to purchase a home but don’t realize it. The same is true for those moving up to a larger home. We want to help them enjoy the benefits of homeownership.”
“Homeownership initiatives such as this one dovetail perfectly with Long & Foster’s mission of making homeownership available to all potential home buyers,” said Dolores Farmer of Long & Foster’s Roanoke North. “This is an example of how a full service company like Long & Foster can work together with its many lines of business and with its agents in the field, to deliver an attractive and total solution to buying a home,” Farmer said.
Wes Foster, founder and Chairman of The Long & Foster® Companies said, “We look forward to serving those who serve us.”
Information on the products and services available through this initiative is available from the Roanoke North Long & Foster® office at (540) 966-5700.
