What is an 80 basis point (BPS) closing cost credit?

An 80 basis point credit equals 0.80% 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 80 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 Agents

Compass Agents: Give Your Buyers Up to 80 BPS in Closing Cost Credits

Eligible purchase transactions may receive up to 80 basis points (0.80%) in closing cost credits. This financing advantage can help buyers reduce out-of-pocket costs and submit stronger purchase offers.

Explore Program Details

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How the 80 BPS Credit Works

Eligible purchase transactions may receive stacked pricing benefits that provide up to 80 basis points (0.80%) in closing cost credits, helping reduce upfront buyer expenses and strengthen purchase offers.

40 BPS

CREDIT

40 BPS

CREDIT

80 BPS

TOTAL PURCHASE POWER

ADJUST LOAN AMOUNT

$300K$1M

$625,000

PURCHASE PRICE

→

$500,000

LOAN AMOUNT

0.80%

80 BPS CREDIT

$4,000

CREDIT AT CLOSING

Credits shown are estimates based on 0.80% of the loan amount. Eligibility and loan program guidelines may apply.

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 80 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 80 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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