Windsor Homes of Texas and the Mortgage Mark Team of HomeBridge Financial want you to have a fantastic mortgage loan process. Please discuss the financing incentives with your Windsor Homes Sales Associate.
Both Windsor and HomeBridge typically offer financing incentives that use the Mortgage Mark Team for a home loan. Using the Mortgage Mark Team for the home loan process promotes a smooth and on-time closing (because we’re really, really, ridiculously good at mortgages).
Windsor Homes Financing Incentives
Windsor Homes issues a seller credit equal to the amount of the owner’s title policy when the buyer closes their loan with the Mortgage Mark Team. Similarly, HomeBridge Financial provides $2,385 in lender credits at closing to offset their origination charges and fees issued by the title company. All these credits can be applied towards any new construction closing costs. The only thing these financial incentives can’t pay for is the mortgage down payment.
Windsor Pays Title
Windsor Homes will pay for the owner’s title policy if you use the Mortgage Mark Team. How much is that savings? A title policy calculator can provide an estimated amount of savings.
Lender Fees Waived (a $1,385 savings)
The Mortgage Mark Team and HomeBridge Financial will offset the $1,385 in “origination charges” (a.k.a. lender fees) by issuing a lender credit at closing. This equates to a $1,385 in savings.
$1,000 Credit (because we’re that awesome!)
Because the fun won’t stop, the Mortgage Mark Team will also issue an additional $1,000 of lender credit at closing. This brings the total concessions from the Mortgage Mark Team to a whopping $2,385.
The aforementioned savings are significant. For example: let’s use a $400,000 purchase price home and apply both the Windsor and HomeBridge incentives. The lender’s title policy is estimated to be right around $2,900. (You can check our math with our title policy calculator). The HomeBridge incentives total $2,385. This means the estimated Windsor Homes’ financial incentives on a $400,000 priced home are $5,285 when closing your home loan with the Mortgage Mark Team.
The estimated financial incentives on a $400,000 home are $5,285!