CAP COM Launches Community Heroes Mortgage Program
ALBANY – July 3, 2018 – 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
CAP COM Federal Credit Union is a member-owned financial institution based in the New York’s Capital Region with more than $1.6 billion in assets and 11 branch locations. The credit union is member-driven and focused on superior service, convenient products and competitive rates that help members save money and make life just a little easier. CAP COM offers all the products and services you’d find at a typical financial institution. Visit www.capcomfcu.org to find out more. Federally insured by the National Credit Union Administration. Equal Housing Lender.
CAP COM Cares Foundation was established by CAP COM Federal Credit Union in 2003 to nurture the community by supporting health and wellness programs; financial literacy and education initiatives; and causes that assist underprivileged families. Since inception, the Foundation has donated over $3.7 million and over 30,000 volunteer hours to hundreds of organizations in the Capital Region. The CAP COM Cares Foundation is a 501(c)(3) charitable organization. Tax ID # 54-2071140. GC ID #01-204-499-07653.
Mortgage products are offered by our Mortgage Team, Homeowners Advantage (HOA), which is a subsidiary of CAP COM FCU. HOA is a Licensed Mortgage Banker – NYS Dept. of Financial Services. HOA NMLS Identifier: 290363. Principal Address: 4 Winners Circle, Albany NY 12205. CAP COM FCU NMLS Identifier: 401261.
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