The Missouri Nurses Home Loan Program is a real estate reward savings program for Nurses and Physical Therapists when they buy, sell, or refinance a home.  The Missouri Nurses Home Loan Program can be referred to as a mortgage program for heroes.

Take the Nurses Exam for a quick and easy pre-qualification or continue reading to learn of the benefits the Nurses Home Loan Program will provide to you.

The Missouri Nurses Home Loan Program is an exclusive and trademarked mortgage program offered only by Bob Rutledge Mortgage Loan Officer/Owner and USA Mortgage. No other lender can offer or market this program.


Why? I saw a need for Nurses to have a special ‘HERO’ home loan program designed specific to Nurses, not Doctors, but Nurses and Physical Therapists. A need I saw first hand both personally and professionally.

Why Nurses and Physical Therapists? I am married to a Nurse, Operating Room, my sisters are Nurses, Psych and Oncology, my daughter is a Physical Therapist, and many of my cousins and our friends are Nurses. As I have helped many of our family, friends, and acquaintances in nursing with their home loans I decided it was time that ALL NURSES should receive the same special mortgage program that I have been providing to friends and family for years!


HERO PROGRAM? YES! Nursing is a profession within the health care sector focused on the care of individuals, families, and communities so they may attain, maintain, or recover optimal health and quality of life. Nurses are differentiated from other health care providers by their approach to patient care, training, and scope of practice.

 

Benefits of the Missouri  Nurses Home Loan Program™  

Simply stated, the Nurses Home Loan Program saves you money through:

·         Discounted interest rate

·         Larger lender credit to pay closing costs

·         $0 lender fees (underwriting & processing fee waived)

·         No application fee

·         No rate lock fee

·         Flexible underwriting

·         Can be combined with an approved 2nd lien down payment assistance program

Missouri Nurses Home Loan Program™ Guidelines

·         Purchase or refinance

·         NOT limited to first time buyers

·         Conventional, FHA, VA, and USDA Loan Programs

·         No income limit*

·         Credit scores as low as 580 depending on program, 620 or higher is recommended

·         Down payment options as low as 0 – 3.5% with a new 3% down option(money can be gifted)

·         15 or 30 year fixed loan terms available as well as Adjustable Rate Mortgage options

* Income limits and additional guidelines may apply if combining with a down payment assistance, HOMEReady or HomePossible program.

Property Types

Eligible Properties

·         1-4 Single family residence (SFR)

·         Detached PUD / Condo’s

·         Primary Residence

Ineligible Property Types

·         Manufactured homes (occasional exceptions possible)

·         Log homes or condotels

·         Investment properties


Because Nurses Matter! Nurses Deserve Recognition and Benefit for Their Work!