How It Works
How It Works
Everyday Hero Housing Assistance Fund (EHHAF)
Helping service professionals and their families to become homeowners.
Ask about our special allowance for gift funds to contribute toward refinance closing costs!
Please note: Our services are not available in AK, OH, or NY at this time.
How Our Program Works
Everyday Hero Housing Housing Assistance Fund was created in 2011 with a mission to help our nation’s teachers, doctors, nurses, fire and police professionals, and social workers with their home purchases. Since our founding, we have helped thousands of families get into their dream home, and in the process we have given out hundreds of thousands of dollars in gift funds to help cover closing costs.
Over the last 15 years we have recruited, interviewed and trained a national network of passionate, dedicated real estate agents and mortgage lenders who appreciate the sacrifices community heroes and their families make for this great nation.
By having this network in place, we are able to specialize in the home purchase process for local everyday heroes. Our entire team is assembled with the goal of providing you with gift funds to cover your closing costs.
Is EHHAF some sort of scam?
We have developed a network of licensed, highly-experienced real estate agents and lenders who are a part of this program because they want to give back to our nation’s heroes.
How does EHHAF work?
This highly-experienced, and highly-specialized network allows us to connect you with a team who will do everything they can to secure closing cost assistance funds for you during your home purchase.
To get started, you must submit an application here. Then, you will have an orientation conversation with an EHHAF agent, who will explain the full and complete details of the EHHAF program. Once that conversation has been completed, they will move your application to the next step and assign your lending team to get the pre-approval process completed. Once the pre-approval letter has been issued, you will be assigned a real estate agent in the area in which you are wanting to make your home purchase.
How do I get my money?
Keep in mind, our program is designed to return gift funds to you, in the form of a reimbursement check after a home purchase. Historically, when the funds have been given before the closing, if for any reason the transaction does not close, the funds have never been returned. Like any other real estate purchase, you will be responsible for down payments, pre-paids, inspection fees, and earnest money.
What money do I have to pay?
Once again, you will be responsible for down payments, pre-paids, inspection fees, and earnest money just as you would with any standard real estate purchase.
Our approved lenders will be very open and transparent with you about the costs associated with your home purchase, and any out-of-pocket fees you will have to cover during the home-buying process.
Can you guarantee that I will get a certain amount of money?
We are unable to give you an exact number for your free gift funds because every real estate transaction is different. However, our entire organization is designed to keep your out-of-pocket costs to a minimum and your financial benefit to a maximum during your home buying process.
We have a very high success rate of our clients not having to contribute any of their own funds toward their actual closing costs, but we cannot promise this with every purchase. In many cases, you can end up with surplus funds from EHHAF with which you can do as you please.
What if I have bad credit?
While we can work with those who have credit issues, at the end of the day, it is important that you have the necessary credit capability that will allow you to qualify for a mortgage. Feel free to contact us, and you can speak with one of our no-pressure mortgage brokers about your situation.
What if I already have an agent or a lender?
Our program works because the agents and lenders in our network have been trained to give extra assistance to our nation’s heroes. Your entire team is focused toward an end goal of lowering your out-of-pocket expenditure as we help you navigate the home buying process.
As such, we cannot offer the same assistance and results if your real estate agent or lender are outside of our network and are not trained or approved to work with the program.
Are you a non-profit?
EHHAF is a fund of The Virtual Sports Academy, a 501 (c) (3) non-profit organization, formed in 2006 for exclusively charitable and educational purposes. The Virtual Sports Academy battles childhood obesity and educates the general public about health, fitness, and sports training through creating and providing professional sports training information and products at no cost to people of all income levels.
Through Everyday Hero Housing Assistance Fund (EHHAF), The Virtual Sports Academy (VSA) is working to promote and assist home ownership in an effort to create strong, vibrant communities for our everyday heroes by inspiring lifestyle choices that encourage health and promote healthy neighborhoods and schools.