Keller Mortgage Now Making It Very Attractive to Buy or Refinance

Six of our team members are currently refinancing, even some who bought fairly recently. That’s pretty unusual, but here’s why.

In the past, you had to justify the amount of time you planned on living in your home vs your upfront costs of refinancing. It might take 2-3 years to recover the refinancing costs and homeowners just weren’t sure how long they were going to stay. But Keller Mortgage has made refinancing very attractive and with interest rates so low, it’s a no-brainer.

I’d bet the great majority of people don’t even know there’s a Keller Mortgage. It’s only been around for a couple of years. It was setup to help our clients and prospective clients with their home loans. I’d heard from other KW agents in our office their clients were taking advantage of this program, but until I talked to one of their mortgage I didn’t understand what they are offering.

Basically, they will waive all fees including the 1% origination, processing and underwriting up to $1,500. If the loan is $150K or greater, they’ll contribute another $1,000 for 3rd party costs, such as the appraisal and title insurance. On a $150K home, they’re contributing $2,500 to the closing costs, and that’s a big deal.

The Only Caveat

To take advantage of this program, you either have to be referred to Keller Mortgage by a KW agent or the home must be listed or buyer represented by a KW agent. FYI, I don’t receive referrals for sending people to KW Mortgage. If you’d like to speak directly with a Keller Mortgage loan officer, please let me know and I will refer you.