Are you an active military member or a veteran? At AgentChase Real Estate, we are proud to offer our active military and veteran homebuyers a unique incentive. In this blog, we will provide you with information on this service and additional information about Veterans Affairs Home Loans.
Our AgentChase hero incentive is designed to assist military members in one of their biggest purchases. We offer all military members 1 percent of the sales price back on closing day! What does this mean for our military homebuyers? Our incentive allows you to save!
Where can Hero Incentives be applied?
The Hero incentives can go towards your closing costs, a home warranty, or repairs on your new home.
- Closing Costs: Closing costs typically cost around 3-4 % of the sales price of the home. Our incentive would assist in lowering this amount significantly. This will reduce your cash to close.
- Home Warranties: Home warranties allow for piece of mind on your home purchase. On average home warranties cost between $400 to $800 for your first year. We can apply our incentive as a credit for your home warranty.
- Repairs: If you are in need of repairs for your new home we can apply our incentive in reducing your cost.
How is AgentChase able to provide this?
Real Estate agents are provided with a commission for a home sale. Since we are a husband and wife team we are able to cut costs and provide you with a credit instead. It is our way of saying thank you for everything that you have done for our country!
What is the catch?
Fortunately, there is no catch but there are two requirements: First, we must receive a minimum commission of 2.5%.If our commission is less than this we will rebate 33% of the commission we do receive. Second, your mortgage lender must allow it.
Veterans Affair Home Loans
VA home loans are a great option for military veterans. VA home loans require 0% down. Eligibility requirements for a VA home loan include the following: satisfactory credit, income to meet loan requirements, and a Certificate of Eligibility for the program.
Click the below link to view the eligibility process and see if you can qualify for a VA home loan: https://www.benefits.va.gov/homeloans/purchaseco_certificate.asp
Click here to contact one of our agents today to get started on the process and learn about our Hero Incentive!
Thank you for your service!