• Summit Funding Inc.
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They will brave the highest perils
without the slightest hesitation

WE TAKE PRIDE IN HELPING OUR HEROES ACHIEVE THEIR HOMEOWNERSHIP DREAMS

$500.00 off closing costs to eligible participants!

The biggest financial transaction many families will ever make is purchasing a new home. This purchase can be made much more difficult when a member of the family is deployed or working 24-hour shifts. Our Neighbors Our Heroes is a program specially created for First Responders throughout the state of Arizona and their immediate families.

By discounting closing rates and escrow fees, the Our Neighbors Our Heroes Program makes it more affordable to purchase or refinance a home. Our Neighbors Our Heroes also gives First Responders full access to resources in the real-estate and home improvement industries of Arizona. In this way, the Program endeavors to improve the civil lives of First Responders and their families.

Step 1 – PRE-QUALIFICATION

Critical 1st step in knowing your buying power & a valuable tool in helping your offer to be accepted by sellers.

Step 2 – HIRE AN AGENT

Having a Real Estate Team working for you will save you time, money & stress in finding the right property.

Step 3 – HOME SEARCH

Make a list of your must-haves. Select homes that meet your property & budget criteria.

Step 4 – MAKE OFFER/SIGN CONTRACT

Once your offer is accepted you and the seller will sign a contract!

Step 5 – PROPERTY & DOCUMENTATION

The home is inspected & appraised to support value. Your documentation is verified.

Step 6 – CLOSING & YOUR KEYS!

Upon final loan approval, title company schedules your signing appointment to close and your keys are delivered!

Refinancing is a way to replace your existing mortgage with a mortgage under different terms. By refinancing, a homeowner can lower their monthly payment and save thousands of dollars in mortgage payments each year.

How to know when to refinance?

  • Can you quickly recover the cost of refinancing? Decreasing your current interest rate by a full percentage point will definitely allow you to recoup the cost. If you can decrease your rate by at least half a percentage it may still be worth it.
  • Refinancing is a great option for those who want to lower their mortgage payment and plan on living in their home for an extended period of time. Divide the cost of refinancing by the amount you will save on your monthly payment. This is the number of months it will take you to break even. If you plan on staying in your home longer than this amount of time, refinancing is a great option.
  • Has your credit score improved since you applied for your current mortgage? If so, refinancing may enable you to get a better interest rate.
  • Are you at the end of you adjustment period? Refinancing may help you lower your interest rate when your introductory rate expires.
  • Do you want to build equity? If you are not as concerned about lowering your monthly payment, you may want to refinance to a shorter-term mortgage. This will allow you to own your home quicker and pay less in interest!

Eligible participants include the following active duty, retired and support personnel; however not limited to the following:

  • Military (ALL branches of service)
  • Police/Sherriff Department
  • Fire Department
  • EMTs
  • Nurses
  • Department of Corrections
  • All Emergency Medical Personnel
  • Homeland Security
  • Border Patrol
  • US Forest Services
  • Coast Guard
  • Civil Air Patrol
  • Arizona Rangers

If you do not see your branch of service listed please call us at 520-977-0214 to determine if your branch of service qualifies.