The SwanGate Heroes Program

What the program is

I am Mika Harris, Broker-Owner of SwanGate Real Estate Services. The SwanGate Heroes Program helps make homeownership more affordable for the buyers I represent. Through the program, qualifying buyers may receive up to 1% credit at closing toward closing costs and prepaid expenses.

Closing costs are the fees that come due when a purchase is finalized. Prepaid expenses are items such as the first portion of homeowners insurance or property taxes that are paid at closing. For many buyers these costs are a hurdle, so a credit can matter.

What “up to 1%” means

The credit is up to 1%. It may be less than that, and it is not available on every transaction. The published terms say the credit amount is subject to lender approval, transaction structure, broker compensation received, and execution of the SwanGate Heroes Program Addendum.

In plain terms:

• Your lender has to approve the credit as part of your loan.
• The structure of the purchase affects what is possible.
• The credit depends on the compensation SwanGate receives on the transaction.
• You and I sign a SwanGate Heroes Program Addendum that puts the terms in writing.

The exact terms

Here is the disclaimer as it appears with the program:

Up to 1% credit available at closing. Credit amount is subject to lender approval, transaction structure, broker compensation received, and execution of the SwanGate Heroes Program Addendum. Not all transactions will qualify for the maximum credit.

I would rather you read the limits now than learn them at the closing table.

How to find out if it fits your purchase

1. Call, text, or write to me before you tour homes or make an offer.
2. Tell me about the home you are considering and how you plan to finance it.
3. Talk with your lender about whether a credit at closing can be applied to your loan.
4. If the purchase qualifies, I will explain the addendum and answer your questions before you sign.

Earlier is better. Lender approval and the addendum are part of the transaction itself, so they are easier to arrange at the start than at the end.

Before you begin

The Heroes Program is a buyer credit. It is separate from the standard buying process, which I explain on the Buying a home in Ocala page. If you are also thinking about selling a home first, or keeping your current home as a rental, mention it. That can change how a purchase is structured.

You can search homes at any time on the search page. When you are ready to talk about the program, send me a message or call.

Two things to settle early

First, the level of service. Every buyer I represent gets the same attention, whether or not a credit applies to the purchase.

Second, your lender. The published terms say the credit is subject to lender approval, so bring your lender into the conversation early and I will work with them.

Ask about the program

Call or text me at 352-850-6477, or use the contact page to ask about the SwanGate Heroes Program. I will tell you whether your purchase looks like a fit and what the next step would be.