Power Buyer

In a competitive real estate market, cash is king!  Homestead’s Power Buyer program* can help you stand out against the competition!

A cash offer will give you the edge needed to have the winning bid and get you into your home faster for as little as 1% of the purchase price.**

What is Power Buyer?

Power Buyer is a loan program that provides you with a cash offer to give you the edge needed for a winning bid, allowing you to get into your new home faster!

How does it work?

Become a pre-approved Power Buyer to discover the maximum offer you can make. After you find your dream home, you can use your Power Buyer pre-approval to make an all cash offer.***

Key features and benefits of the program

• House hunt confidently with proof of funds and a cash offer.

• Advantage in a competitive market and bidding wars.

• Guaranteed closing.

Effective 1/1/23. Product guidelines and availability are subject to change at any time. Certain restrictions apply. Not available for FHA or Jumbo Loans. *Offered by Power Buyer Services, LLC. **3% will be put into escrow at the time you sign the Power Buyer contract. 2% would be remitted if you close on time. The fee is 1% of the purchase price if using Homestead Funding Corp. for financing or 2% if using another lender. If Power Buyer Services, LLC has to purchase the home and use the delay financing option, the fee is 3%. ***Waiving the financing and appraisal contingency up to the max power offer price.

Related Products:
No items found.

Need More Info

white arrow right

Find a Loan Originator

white arrow right