July 31. Allen Tate Realtors has launched “Buy & Borrow Bundle,” a program designed to offer significant savings and convenience for homebuyers.

Buy & Borrow Bundle combines mortgage and real estate services, providing a seamless and cost-effective home buying experience that makes homeownership more affordable.

Homebuyers who sign an Exclusive Buyer Agency agreement with Allen Tate Realtors or Allen Tate/Beverly-Hanks Realtors and finance their new home through Howard Hanna Mortgage Services will qualify for a closing credit of 0.5 percent of their home loan amount, up to $10,000.

Quotable

Gary Scott

“Since 2020, home prices have surged at unprecedented rates as the economy recovered from the downturn, while interest rates rose rapidly and still remain high. This initiative underscores Allen Tate’s commitment to making homeownership more accessible, affordable and achievable,” said Gary Scott, president, Allen Tate Cos.

How the program works

—The buyer signs an Exclusive Buyer Agency Agreement with an Allen Tate Realtor.

—The buyer obtains pre-approval with Howard Hanna Mortgage Services to determine a budget.

—The buyer works with an Allen Tate Realtor to find homes meeting their criteria, makes an offer to purchase, and finalizes the home purchase with Allen Tate and Howard Hanna Mortgage.

—The buyer receives a 0.5 percent credit at settlement towards their closing costs, potentially saving up to $10,000.*