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Zero Down Payment Home Loans for First Responders and Teachers.

This bill establishes a new FHA mortgage insurance program designed to help first responders and teachers buy their first home. The main benefit is eliminating the need for a down payment, allowing eligible buyers to finance 100% of the property value. It also removes the requirement for monthly mortgage insurance premiums, lowering ongoing housing costs.
Key points
Eligible first-time homebuyers (police, firefighters, EMTs, and full-time K-12 teachers) can secure a mortgage with zero down payment.
The program eliminates mandatory monthly mortgage insurance premiums (MIP), reducing monthly housing expenses significantly.
Applicants must complete housing counseling and generally prove at least four years of service or be released due to an occupation-connected disability.
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Additional Information
Print number: 118_S_1514
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-05-10
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

HELPER Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_1514.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-05-10.

What are the main provisions?

Key points include:

  • Eligible first-time homebuyers (police, firefighters, EMTs, and full-time K-12 teachers) can secure a mortgage with zero down payment.
  • The program eliminates mandatory monthly mortgage insurance premiums (MIP), reducing monthly housing expenses significantly.
  • Applicants must complete housing counseling and generally prove at least four years of service or be released due to an occupation-connected disability.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Rubio, Marco [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

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