If you're in the market for a new home or investment property, we would like to offer you $500 toward closing costs — all you have to do is link your real estate agent to RedDoor!
When you enter your agent's name and phone number, we'll send them a download link to RedDoor HERO — our powerful mobile app for realtors.
What Happens Next?
Once registered, they'll be able to unlock your $500 closing credit and participate in your RedDoor experience from start to finish. This includes sharing property listings, reviewing your loan options, and receiving your pre-approval letters — all from the palm of their hand!
RedDoor delivers a truly effortless home buying experience, offering today's lowest rates and more than a thousand loan options with no hidden points or fees. We look forward to working with you — and your agent — as you search for the home of your dreams!
The $500 promo will be paid out as a post-close refund for costs incurred for the origination of a purchase mortgage loan only. Refund of costs must be allocated to specific costs incurred in the origination of the mortgage loan.
If other credits are applied at closing from any other source (i.e. Seller Credit, Agent Credit, Lender Credit, etc.) that covers a portion of the costs the remainder not to exceed $500 will be refunded post-close. This could result in a refund of less than $500.
In the event that all of costs of the origination of the mortgage loan are covered by a seller/agent credit or lender credit, RedDoor will not be able to allocate funds specific to the origination process and therefore will not be able to reimburse expenses forfeiting the promotion.
Eligible costs include: appraisal fee, appraisal rush fee, title fee, escrow fee, recording charges, notary fee and lender costs. All prepaid and impounded items (property taxes, hazard insurance, prepaid interest, etc.) are ineligible for reimbursement.
Payment will be released to the borrower within 2 weeks of RedDoor receiving the funds from escrow for origination fee. Buyer must be in contract prior to March 31, 2021. This promotion is for Purchase loans only.