Law Enforcement Program
Heroes Home Loan
For first-time homebuyers
No down payment
No private mortgage insurance
Every hero deserves a home
We help first-time homebuyers - or those who haven't owned a home for at least two years - with 100% financing and other benefits that make homeownership attainable.*
- For active-duty sworn and civilian professional law enforcement personnel
- Low financing rates
- No down payment or private mortgage insurance
- Fixed-rate loans (30 or 40 years)
- Personal assistance from our mortgage lending team
REQUIREMENTS
- Cannot be a homeowner within the past 24 months
- 700 FICO® Score minimum
- Property must be in California
- Three months of payment reserves in savings
- Maximum 45% debt-to-income ratio
- Complete first-time buyer online class
- $250 application fee*
GET STARTED
- Complete the homebuyer education course at fanniemae.com/education.
- Email your completion certificate to [email protected] and request an appointment.
- Pay a $250 application fee (credited back when the loan closes).
- A Mortgage Loan Officer will take the application by phone, and you’ll receive a pre-approval letter within two business days.
Simple Process
A Mortgage Loan Officer will take your Heroes Home Loan application by phone and send your pre-approval letter within two business days.
EDUCATIONAL RESOURCES
FREE LIVE WEBINARS
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LAPFCU is a full service financial services provider for sworn and civilian law enforcement professionals of federal, state, county, and city agencies and their family members in Southern California.