LUX. Denver is proud to announce our Giving to Heroes give-back partnership with Adam Renken of Bay Equity Home Loans.
Senior Loan Officer
NMLS #1065772, CO-MLO #100045495
With a combined experience of more than 15 years in the mortgage and real estate industries, LUX. Denver and Adam Renken are committed to making your real estate purchase as smooth and impactful as possible.
Adam has been a LUX. Denver lending partner for many years. He began his mortgage career working for one of the large corporate banks in 2003, and realized how challenging and frustrating the process can be for clients who get passed around from department to department. By working with Adam and his team, you know who is handling your loan at all times and who to call for questions during the process. We ensure that your loan is handled with the highest level of service and priority, so all contract deadlines are met or exceeded.
WHAT IS GIVING TO HEROES?
GIVING TO HEROES is a program offered exclusively by Bay Equity Home Loans and participating real estate agents. The program is designed to give back to community heroes by significantly reducing the cost of buying or refinancing a home. You don’t have to earn “Hero” status to participate. You’re already a hero if you work for, or are retired from, our list of eligible industries:
- Law Enforcement
CLICK HERE TO APPLY!
HOW DOES GIVING TO HEROES WORK?
The GIVING TO HEROES program credits money to your closing costs. Available credits include a Lender Credit of .25% of the loan amount, and an additional Agent Credit of 10% of the earned commission, if using an affiliated real estate agent.*
*You are not required to use one of the affiliated Real Estate Agents. You may use your own, however, in this case, you would not be eligible to receive the Real Estate Agent’s 10% credit. The agent must be a program participant for you to receive the credit.
EXAMPLE SCENARIOS ON CREDITS APPLIED TO PURCHASE:
Purchase Price: $200,000 (3.5% Down Payment)
Loan Amount: $193,000
Lender Credit Given: $483 ($193,000 x 0.25%)
Realtor Credit Given: $500* (($200,000 x 2.5%) x 10%)
Total Savings: $983 Credited back at closing**
*Calculation is an estimate based on customary Realtor commissions and splits. Realtor Credit cannot be used or given in conjunction with or in addition to any other special offer, program, rebate, credit, refund, or referral service or referral broker.
**Savings example above estimate is for educational purposes only and subject to change based on transaction specifics, including but not limited to: purchase price, loan amount, Realtor earned commission etc. To receive the Realtor Credit for Purchase or Sale transactions your Realtor must be a “Giving to Heroes” affiliate. Lender credit does not apply to Sale transactions and Realtor credit does not apply to refinance transactions.
Interested in using this program to purchase your next home?
Apply online with Adam Renken anytime at:
Equal Housing Lender. This is not a commitment to lend or extend credit. Restrictions may apply. Rates may not be available at time of application. Information and/or data are subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states. Bay Equity LLC, 28 Liberty Ship Way Suite 2800, Sausalito, CA 94965; NMLS ID@76988. Colorado Mortgage Company Registration #76988. Regulated by the Division of Real Estate. NLMS consumer access: www.nmlsconsumeraccess.org.