What is an 100 basis point (BPS) closing cost credit?

An 100 basis point credit equals 1.00% of the loan amount. For example, on a $500,000 loan, this can provide up to $4,000 in closing cost credits.

Who qualifies for the 100 BPS credit?

The credit may apply to eligible purchase transactions involving Compass agents, subject to loan approval and program guidelines.

Can this credit be used for down payment?

No, the credit is typically applied toward closing costs, lender fees, or rate adjustments depending on the loan structure.

Is this program available nationwide?

Yes, this program may be available across the United States depending on borrower eligibility and loan guidelines.

What loan types are eligible?

Eligible loan types may include Conventional, FHA, VA, Jumbo, and Non-QM loans depending on borrower qualifications.

How much can a buyer save with this program?

Savings depend on the loan amount. For example, a $400,000 loan could receive up to $3,200 in credits, while a $700,000 loan could receive up to $5,600.

Exclusive Advantage for Compass AgentsActive till May 5th - 100bps

Give Your Buyers Up to $5,400 Back at Closing

With 100 BPS in stacked credits (60 BPS Rocket Pro + 40 BPS Compass), buyers can reduce cash to close and submit stronger offers — without increasing price.

Explore Program Details

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See What 100 BPS Actually Does

On an average loan of ~$540,000, buyers can receive over $5,400 back at closing.

$5,400

Total Potential Savings

Without This Program

• No additional credits
• Higher cash to close
• Weaker offer position

With 100 BPS Credit

• ~$5,400 back at closing
• Lower upfront cost
• Stronger offer

How the 100 BPS Credit Works

Buyers can receive up to 100 basis points (1.00%) in stacked credits — helping reduce cash to close and strengthen their offer without increasing purchase price.

60 BPS

≈ $3,240

PURCHASE CREDIT

40 BPS

≈ $2,160

COMPASS CREDIT

100 BPS

≈ $5,400

TOTAL PURCHASE POWER

Reduce Cash to Close

Buyers bring less money upfront at closing.

Stronger Offers

Compete without increasing purchase price.

Win More Deals

Better positioning in competitive markets.

ADJUST LOAN AMOUNT

$300K$1M

$5,400

Total Estimated Credit (100 BPS)

$3,240

60 BPS PURCHASE CREDIT

$2,160

40 BPS COMPASS CREDIT

$5,400

TOTAL (100 BPS)

$675,000

EST. PURCHASE PRICE (80% LTV)

$540,000

LOAN AMOUNT

Estimates based on 1% of loan amount. Actual credits subject to loan eligibility and program guidelines.

Why This Helps Buyers Win

Reduce Cash to Close

Buyers keep more money in hand at closing.

Stronger Offers

Compete without increasing purchase price.

More Accepted Deals

Better positioning in competitive markets.

How Compass Agents Use This Advantage

A simple process to help buyers strengthen their offer using the Rocket Pro Purchase Power credit.

Submit a Buyer Scenario

Share your buyer's purchase details and financing needs with Tabrez Sait at BuyLowRate.

Structure the Financing

We review the loan structure and determine how the 100 basis point credit can improve the buyer’s financing strategy.

Strengthen the Offer

Buyers benefit from reduced closing costs and stronger financing, helping their purchase offer stand out in competitive markets.

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Let’s Put This To Work For Your Buyers

Have a buyer preparing to submit an offer? Let's review the financing together and see how the 100 basis point closing cost credit may help strengthen the transaction.

BuyLowRate.com is operated by Tabrez Sait, a licensed real estate broker and mortgage loan officer (DRE #02142743 | NMLS #2445840). For inquiries call 408-242-0283.

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