Homes for Heroes provides savings


By Mark Ambrogi

Ted Stiner wants to make sure the public is aware of Homes for Heroes.


The national program provides savings to military members, teachers, medical professionals, police officers and firefighters with reduced fees when they are buying or selling a home. The savings also are on financing a home. Stiner said the biggest savings come from reducing real estate commission.

“There is no cost to the person that registers for it,” said Stiner, a mortgage loan originator for Stearns Lending in Indianapolis. “It’s given to them by the local businesses that participate.”

Stiner, a Noblesville resident, said 10 to 15 lenders in the state, including Stearns Lending, are affiliated with Home for Heroes. Stiner said he has been working with Homes for Heroes for a few months.

“This is just something to give back,” he said. “In this marketplace, someone bought a $300,000 house they would probably save around $2,500 in commissions and fees. It’s free money basically. There’s no obligation or small print.”

In addition, through the Friends of Heroes Network, participating vendors will offer discounts on various other services such as moving, storage, pest, lawn care, plumbing, electrical, cleaning and remodeling to name a few.

The program started in 2001, shortly after the Sept. 11 attacks.

“It was started by a company in Minnesota looking to honor the heroes we had that day,” Stiner said, adding that he wants to be sure people know the program is available. “No one has ever promoted it.”

Stiner said he recently visited the Hamilton Co. Sheriff’s Dept. and the Fishers Police Dept., and neither department had heard about Home for Heroes.

“It’s amazing for organizations that big not to have heard of it, so we love to get the word out,” Stiner said.

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