The New Keller Mortgage is changing the way buyers finance their new home purchase. Keller Mortgage was started by Keller Williams Realty to create a better way for buyers to purchase a home and for sellers to be able to offer better financing options to potential buyers of their home.
Keller Mortgage Benefits for Buyers:
Ask anyone who has purchased a home recently and you will most likely here a similar story, that there are not a lot of homes available and the competition to get a desired home under contract is even more competetive.
This where Keller Mortgage comes in. Keller Mortgage offers no lenders fees to you when you work with a Keller Williams agent or you purchase a home listed by a Keller Williams agent. So why is this so important? It allows you to make an offer that is more competetive. Most buyers request the seller to pay all or a portion of their closing costs, by asking for closing costs you reduce the value of your offer to the seller. By using Keller Mortgage you eliminate the lender fees which allows you to make an offer without a request for seller paid closing costs
Not only does Keller Mortgage not charge any lender fees, it also provides a $1000 credit* to pay any third party closing fees (*Available on loans above $150,000)
Another value of the program is that Keller Mortgage orders the appraisal immediately when other lenders wait until after the inspection contingencies. This gives a seller piece of mind knowing that a major hurdle to the sale can get crossed of the list quickly. This feature give the seller another reason to selct your offer over other suitors.
Keller Mortgage Benefits for Sellers:
When you hire a Keller Williams agent to list your home, any buyer who wishes to purchase your home becomes eligible to use Keller Mortgage.
This benefit allows any buyer who views your home and makes a written offer to finance your home with Keller Mortgage.
Since the buyer no longer needs you to pay their closing costs, it results in a higher net offer to you the seller. This can put thousands of extra dollars in your pocket.
You also benefit from the appraisal being ordered immediately and also knowing that the buyer is well qualified to purchase your home.
This feature also makes a buyer more likely to offer on your home as opposed to another home that is not offering this financing.
Lastly, Keller Mortgage will be available to you when you purchase your replacement home.