Army veteran and his family receive keys to mortgage-free home

Wells Fargo and the Military Warriors Support Foundation(MWSF) have partnered to make home ownership possible for an Army veteran and his family. Terry Bass, a former combat medic in the United States Army, and his family received the keys to a mortgage-free home Wednesday morning during a brief ceremony in front of their new home in Fortson, Ga. Wells Fargo donates houses to the Military Warriors Support Foundation for use in its Homes4WoundedHeroes program, which awards them mortgage-free to combat-wounded veterans through their Homes4WoundedHeroes program. While living in the home, the veteran must complete three years of financial education and mentoring with MWSF to prepare for sustainable ownership. Upon completion of the education program the deed to the home is transferred from MWSF to the veteran. The properties in the program are real estate owned properties Wells Fargo holds because of foreclosure. The Military Warriors Support Foundation does the needed repairs, modifications and rehabs on the homes with a grant from the Wells Fargo Housing Foundation to help cover expenses. Since 2012, Wells Fargo has donated more than 350 homes, valued at more than $55 million, to veterans in all 50 states.