Educators Home Purchase Program
Eligible staff: Teachers, Faculty, Coaches, Librarians, Nurses, Secretaries, Custodial/Facilities Staff, School/District Leadership, Professors, Adjunct Faculty, Counselors, any ISD/Higher EDU/Private EDU employee.
1 The Educators Mortgage Program through Bob Blanke NEXA Mortgage entitles the home purchaser to a closing cost credit for the appraisal equal to an amount up to or the lesser of $600. The credit applies to all conventional and FHA loan programs. The lender credit will be reflected on the Closing Disclosure. No part of Lender Credit can apply to or offset down payment. This special incentive program is subject to change without notice. This offer is not valid with any other incentives or discounts and valid only in Illinois.
2 The Educator Mortgage Program through Bob Blanke NEXA Mortgage entitles the eligible home buyer to a credit against real estate fees or closing cost credit equal to a maximum of $1000. The offer is subject to Real Estate Agent participation which may require the borrower to use a participating Real Estate Agent. If the home buyer elects not to use a participating Real Estate Broker, the home buyer will not receive the Real Estate Agent discounted. This offer is valid in Illinois only.
3 The Educator Mortgage Program through Bob Blanke NEXA Mortgage entitles the eligible home seller to a credit against real estate fees or closing cost credit equal to a maximum of $1000 and is separate from the home purchase offer. The offer is subject to Real Estate Agent participation which may require the borrower to use a participating Real Estate Agent. If the home buyer elects not to use a participating Real Estate Broker, the home buyer will not receive the Real Estate Agent discounted. This offer is valid in Illinois only.
