Best Mortgage Loans | Get Mortgage Lender Rebate Approval
Mortgage Lender Rebate Approval – Real Estate Rebates, also known as Agent Commission Splits, and other Buyer Incentives need to be disclosed to all parties in the transaction. Mortgage Lender Rebate Approval is usually quite easy in the 40-states where real estate rebates are legal. Home Buyer Rebates are typically shown on the Closing Documents as a Credit at closing. Rebates cannot be used toward the Down Payment but can be used for toward Lender Fees and other typical Buyer Closing Costs, however some restrictions may apply.
At The Real Estate Savings Center Network, we currently use Consumer Affairs Website to help our site visitors locate and compare Mortgage Lenders, Mortgage Brokers, and/or Online Lenders. Some of these Mortgage Lenders have Affiliate Realtors that may not offer Home Buyer Rebates so you can bring less money to the closing table. It can pay you thousands to to shop around!
Importantly for Home Buyers, the IRS states Home Buyer Rebates are a cost associated with the purchase transaction and therefore non-Taxable to the Buyer.
For Example, this is how the United States Department of Justice lays out how Rebates work in the 40-States where they are legal and available.
As a Home Buyer, you can request a Home Buyer Rebate and other savings by using the short and secure form below. It will come straight to my desk and it will not be shared. I will send you the names of any Highly qualified Realtors that also offer Rebates. Please allow a couple days for me to do my research for you. Thank you, [email protected]
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