Police Home Loan Program
Who’s Eligible?
County
State Trooper
Investigator
Security Officer
Heritage Bank is committed to honoring those who dedicate their lives to protect and serve. Our Heroes Closing Credit recognizes the hard work and contributions of police by reducing the costs associated with homeownership, making homebuying more accessible and attainable.
Examples of Potential Savings*
Purchase Price
Loan Amount
Potential Credit
$175,000
$168,875
$422
$250,000
$200,000
$500
$500,000
$400,000
$1,000
Homebuyer Programs**
Down Payment Assistance
Up to $18,000 down payment and closing cost + unique monthly payment options from Minnesota Housing and South Dakota Housing Development Authority.
FHA Mortgages
Great for 1st or repeat home buyers looking for great rates and low down payments.
USDA Loans
No down payment USDA financing, eligible to qualifying rural home buyers.
Ready to connect with a mortgage lender?
Our Mortgage App
Applying for a mortgage can be stressful, but the MyLoan app from Heritage Bank makes it simple, efficient, and stress-free. Check out these great features:
- Snap a picture of your documents and upload them securely
- Track your loan progress through every step
- Easy-to-use calculators for affordability, purchase, and refinance
- Glossary of mortgage terms to keep you in the know
Mortgage Resources
Understand and Improve Your Credit Score
Improving and maintaining a good credit score isn’t just a financial goal — it’s necessary for anyone planning a significant purchase, like buying a home or a car. Yet, many of us don’t fully understand the factors that impact credit scores or how to improve them effectively.
5 Simple and Effective Ways to Raise Your Credit Score
Struggling with a low credit score that is keeping you from getting a mortgage? You’re not alone. Many people find themselves in a similar situation, but the good news is that improving your credit score is entirely possible.
* The examples of potential savings figures represent estimates, scenarios and approximations for educational purposes only and may be subject to change based on transaction specifics, including but not limited to: purchase price, loan amount, real estate agent earned commissions and other factors. Potential savings will not exceed $1000. This is not an offer to extend credit. Closing credit is only available for the borrower’s primary home with a 1st lien. Subject to terms and conditions. Fees may apply. The duration of the promotion is at the discretion of Heritage Bank NA.
** Subject to credit approval. Not all applicants will qualify for all benefits.