Mortgage +Plus Protects Your Down Payment

As seen in the Smart Living: Northern Virginia special section of Good Housekeeping, July 2017.

Imagine having the stability and freedom of owning your own home, while still maintaining the flexibility that renting allows. Growing families, economic downturns, and various other scenarios may cause sudden life changes for the modern homebuyer. With Mortgage +Plus Down Payment Protection, First Heritage Mortgage enables homebuyers to buy with confidence - knowing their hard-earned down payment investment can be protected, should they want or need to make a move within the first few years of owning a home. 

“There’s a lot of insurance in our industry that protects the lender,” says President Alex Wish of the unique product. “For the first time, there’s an option that protects the homeowner’s down payment.” 

First-time and experienced homebuyers alike are eligible to participate in the Mortgage +Plus program, exclusively available in the Mid-Atlantic region from First Heritage Mortgage, which protects down payment funds in a homebuyer’s first three-to-seven years of their mortgage.

It’s removing the fear from home buying and replacing it with peace of mind.


Mortgage +Plus coverage is provided to FHA-loan borrowers at no cost, but conventional loan borrowers have the option of purchasing coverage, too.

“It’s important to mention,” says Wish, “that we don’t get paid for this. We just think it’s a valuable thing to offer clients. It’s removing the fear from home buying and replacing it with peace of mind.”

First Heritage Mortgage offers a wide array of mortgage-loan products, including conventional loan programs, VA loans, a variety of construction and home renovation loans, extended rate lock options, refinance solutions, and more.

To learn more about Mortgage +Plus from our mortgage experts, please reach out via the "Learn More" button below.