First Heritage Mortgage is now protecting borrowers’ down payments by automatically offering ValueInsured’s +Plus down payment protection in all of its mortgage products.
By embedding down payment protection directly into buyers’ mortgages, home buyers can be confident that, should they need to sell at a loss, they will be reimbursed up to the full amount of their down payment.
With exclusivity in Washington, D.C.; Maryland; Virginia; and North Carolina, First Heritage Mortgage is the first mortgage lender to offer this protection to home buyers in the region, the company says in a press release.
“At First Heritage Mortgage, our priority is to empower our customers to buy their dream homes,” says Alex Wish, president of First Heritage Mortgage. “We’ve been seeing hesitations due to today’s transient lifestyle and uncertainty in the housing market. To help our customers buy a home with confidence, we realized that the one thing we can do is assure them that their down payment will be protected. ValueInsured has created a truly innovative product, and we’re thrilled to be the exclusive mortgage lender offering down payment protection in the Mid-Atlantic region.”
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