Our Hero Care Package includes a Realtor commission rebate equal to 0.8% of the sales price of your home, plus a Lender Credit of up to $1,500 that varies by loan amount (very rarely do we see oan amounts under $250,000, which is the threshold for the maximum lender credit). Most of our Hero Clients are able to take advantage of both the Realtor Rebate and Lender Credit. However, there are situations where only the Realtor rebate will apply. If you are a volunteer or a retired hero, the Lender Credit will not be available (except retired military). The Lender Credit is also not available for vacation home or investment property purchases, or to be used in conjunction with a down payment assistance program like CHFA. We will do our best to inform you as soon as possible if your eligibility for the Lender Credit is in question.
*In rare situations, your Realtor rebate for Colorado purchases may be lower than 0.8%, as it is based on the real estate commission paid by seller. Your real estate agent will confirm the amount of your rebate with you prior to execution of your purchase contract. Also, our real estate agents outside of Colorado may offer a lower rebate than 0.8% of sales price. W’ell always go over this information with you before you go under contract on a home.
The 1% listing commission program is applicable only to homes sold in the Denver Metro Area, through David Lampe or Jon Twibell with Metro Brokers.
**Heroes Lender Credit Program – cannot be used in conjunction with bond programs or combined with other incentives. Purchase loans for primary residence only. This is a temporary offer and the lender credit is not tied to the interest rate you pay. Limitations apply to the credit amount based on loan amount. Consult your Guardian Mortgage mortgage loan originator for details.
HEROES Lender Credit is based on your loan amount:
Up to $75,000 – $500
$75,001 to $150,000 – $750
$150,001 to $250,000 – $1,000
$250,001+ – $1,500