WASHINGTON, D.C. – MAY 11, 2023 – Salute Home Loans is proud to announce the reintroduction of the Homes for Every Local Protector, Educator, and Responder (HELPER) Act. Introduced in the Senate as S.1514 by Senators Marco Rubio (R-FL), Jon Ossoff (D-GA), and Sherrod Brown (D-OH) and in the House as H.R.3170 by Representatives John Rutherford (R-FL) and Bonnie Watson Coleman (D-NJ), the HELPER Act is a bipartisan and bicameral bill designed to give back to the first responders and educators who have given us all so much.
The HELPER Act would establish a home loan program under the Federal Housing Administration similar to the popular and successful VA home loan program available to our nation’s veterans. Available to police and corrections officers, firefighters, EMTs and paramedics, and preK-12 teachers, a HELPER home loan would require no down payment and no monthly mortgage insurance payments for a first-time home purchase. At a time of skyrocketing home prices, the HELPER Act would make homeownership more accessible for America’s hometown heroes.
“Huge thanks to Senators Rubio, Ossoff, and Brown and Representatives Rutherford and Watson Coleman,” said Samuel P. Royer, the founder and president of Salute Home Loans and visionary behind the HELPER Act. “Their dedication to first responders and teachers matches my own, and I am proud to have them as congressional champions for the HELPER Act.”
“We have been working with Sam on the HELPER Act since the beginning,” said George McElwee, Co-founder and Managing Partner of Commonwealth Strategic Partners. “Together, we amassed significant support last Congress, and that support is paying off now. We are eager to continue working alongside Sam, our congressional champions, and our supporters to make the HELPER Act a reality.”
The HELPER Act was previously introduced in 2021 during the 117th Congress as H.R.3172 and S.2981. It garnered the endorsement of over 300 national, state, and local organizations and elected officials and secured the cosponsorship of over 100 members of Congress from across the country and the political spectrum.
About Salute Home Loans
Salute Home Loans, LLC | NMLS: 2471166 is an equal housing opportunity broker who specializes in working with the servants of our community and country. Our primary role is to structure the mortgage loan you select from a host of our approved lenders to give you maximum payment comfort, stability, and structure.
Contact
Samuel P. Royer, President
610.703.LOAN (5626)
sam@salutehomeloans.com
