Meet two BECU members who bought a house using BECU’s Home Rewards program* and got cash back.
David and Holly were like many BECU members in today's frenzied real estate market – wanting to buy a home, but not sure what will happen once they enter the madhouse that is today's buying arena.
Fortunately for the couple, who just recently closed on their first home purchase, the experience “couldn't have gone smoother,” thanks to preparation, planning and the support of their very own team.
The pair began by heading into a local BECU. Why BECU? “I wanted to keep it somewhere local, where I could come in and ask someone directly questions if I needed to,” explains Holly. After experiencing a helpful and easy application process when she applied for her auto loan, Holly was eager to apply for her mortgage with BECU.
The pair came in and met with mortgage advisor, Carla Miller, who listed the benefits of using a BECU home loan.** One of those benefits? BECU Home Rewards.
BECU Home Rewards is designed to help the member throughout the home-buying process by providing three separate elements:
David and Holly were paired with Gay, who took the time to understand the couple's needs, budget and how she could help them find their wants, too. Holly wanted to stop renting so she could finally decorate using more than the landlord's restriction of “just ten nails.”
David was on the hunt for a bit of land away from the hustle and bustle of city traffic. Together with Gay, they tracked down a house and within a couple months of beginning their search, David and Holly had successfully made an offer on their future home.
Your Member Advocate is there to ensure there are no rough roads. Thankfully for the couple, they didn't need to call on their advocate, but were glad to have the service available. “The whole process was very smooth,” said Holly, with David agreeing, noting that the advocate called to check in on the purchase, but there were no hiccups – inspection issues, paperwork hold-ups, or financial concerns – delaying the sale.
The sale went so smoothly, in fact, that the pair found the house in July and were moving in by the end of the same month – exactly one day before the two were set to leave for a much-needed vacation. The pair wrapped up their mortgage with BECU, thrilled to see the percentage of the commission after the sale closed.
As for owning their new home? “It's nice to be able to use more than 10 nails,” laughs Holly. David and Holly are both still recovering from the shock of being homeowners in this market, and having a relatively easy time doing so. Both would recommend using BECU Home Rewards to future home buyers.
*Home Rewards is a program provided by Prime Alliance Home Rewards, LLC and is not affiliated with BECU. Certain restrictions apply. Offer subject to change without notice. Please contact your assigned Member Advocate for additional information regarding these buyer/seller benefits. Real estate services provided by carefully selected local real estate agent.
**Loans are subject to credit approval and other underwriting criteria, and not everybody will qualify. Certain restrictions apply. Home loan programs, terms and conditions are subject to change without notification. BECU reserves the right to terminate this offer at any time without notice. Boeing Employees' Credit Union NMLS ID 490518.