Community Heroes Program | Traditions Bank

Community Heroes Program Helping local community heroes purchase a home

Traditions Bank's Community Heroes Program helps local heroes purchase a home with only a 1% down payment and reduced monthly mortgage insurance. Eligible borrowers include teachers, fire fighters, police officers, nurses, emergency medical technicians (EMTs), paramedics and active or former military personnel.

Program highlights

30-Year fixed term
Eligible properties include single family detached or attached single unit, PUDs, and modular homes
Primary residence only
Up to 99% Loan to Value (LTV)
Reduced monthly mortgage insurance
No other real estate may be owned by the borrower(s) at time of closing
Auto-drafts of monthly payments from an Traditions Bank account are required
Save $200 on closing cost with an Advantage Rewards Checking account

Military family moving into new home with help from ACNB Bank's Heroes Program

Who is eligible to apply for the Community Heroes Program?

At least one borrower must be currently employed either full-time or part-time in one of the following eligible professions (see exception for military personnel):

Teachers of a public or private educational institution
Fire fighters
Police officers of a federal, state or local government law enforcement agency
Nurses - all designations, including a Certified Nursing Assistant (CNA)
Emergency medical technicians (EMTs) and paramedics.
Active or former military personnel will qualify when at least one borrower documents one of the following:
- Current income derived from active duty or military retirement; or
- Military service with DD Form 214 — Certificate of Release or Discharge from Active Duty (dishonorable discharge is ineligible); or
- Eligibility for a Veterans Administration (VA) mortgage with a current VA Certificate of Eligibility