4.4 Homebuying & Selling Services
Homebuying & Selling Services
All your homebuying needs under one roof
There are many steps involved when it comes to buying a home, and RBFCU, along with our affiliate companies, provide resources to make the homebuying process easier. We provide all the services you need to make your homebuying experience easy and efficient. Here’s how we can help:
Our experienced real estate agents can help you find the home you need, or help you sell your current home. Plus, they offer commission rebates to qualified buyers to help you keep more money in your pocket.
We have mortgages that fit your needs no matter which stage of life you’re in. In addition to a variety of conventional mortgage options offered through RBFCU, our affiliate RB Mortgage specializes in FHA and VA loans designed to fit unique situations and buyers, like first-time homebuyers, service members, veterans and investors.
RBFCU’s preferred title company serves as the central point for all document gathering and title settlement services, and will facilitate the completion of the homebuying process. If you’re a seller, indicate our preferred title company as your choice on your paperwork. If you’re a buyer, request to close with our preferred title company.
Warranties and security
Once you’ve made your home purchase, you’ll want to make sure you’re covered when it comes to protection, replacement and repairs. We partner with TotalProtect Home Services® to protect your home’s most essential systems and appliances.
Appraising and assessing your property
RBFCU Appraisal’s team of appraisers works with lenders to review homes for both buyers and sellers and to ensure the properties are assessed at the appropriate value.
Safeguarding your investment
Your home is important to you. Make sure you have the right insurance coverage to keep your home protected. Let RBFCU Insurance Agency provide a free quote so you can make sure you’re covered with confidence.
How much home can I afford?
How much should I put down for a new home?
How much will my mortgage payments be?
Which is better for me: A 15-year or 30-year mortgage loan term?
What will my closing costs be?
How does the rebate program work?
To be eligible for a commission rebate, you must be an RBFCU member, use an RBFCU preferred real estate agent (RBFCU Realty or Kuper Sotheby’s International Realty) and at least one preferred provider (RB Mortgage, Preserve Title or RBFCU mortgage). Inform your RBFCU preferred real estate agent of your interest in the program prior to your closing date and execution of contract.
Buying a home
If you are buying a home through one of our agents, you will earn a partial rebate on the closing disclosure, based on the commissions that are paid to us by the seller. If the RBFCU preferred real estate agent that represents the buyer in a transaction receives a commission of 3 percent of the purchase price, you will receive a rebate up to 20 percent of the RBFCU preferred real estate agent’s commission.
Here’s an example: If the purchase price of your new home is $300,000 and the 3-percent commission received by the RBFCU preferred real estate agent would be $9,000. You would receive up to 20 percent of that, which is $1,800.
Selling a home
If you are selling a home through one of our agents and you are an RBFCU member, an RBFCU preferred real estate agent will charge a discounted commission of 5.4 percent to sell your home. If you are not an RBFCU member, a 6-percent commission will be charged to sell your home.
RBFCU member benefit program is subject to change without notice. RBFCU Realty LLC is a wholly-owned subsidiary of RBFCU Services LLC. Kuper Sotheby’s International Realty is a subsidiary of RBFCU Services LLC. Preserve Title Company LLC is a subsidiary of RBFCU Services LLC. RBFCU Services LLC is affiliated with Randolph-Brooks Federal Credit Union (RBFCU).
Should I get preapproved before talking to an RBFCU preferred real estate agent?
Getting preapproved for a mortgage loan before you begin the shopping process can be a great idea. Knowing how much you’re able to spend on your home will help your preferred real estate agent work with you to find the perfect home and perfect area for your purchase. If you’re ready to get preapproved, apply here.
How do I choose an appraiser?
As the buyer of a property, you do not have to address any appraisal questions. RBFCU will order a property appraisal to assess the true value of your selected property and to protect your interests.
When can I use Preserve Title?
There are several ways to use Preserve Title. When selling property through a real estate agent, instruct the agent to use Preserve Title as your closing agent. When selling a property on your own, include Preserve Title as the closing agent on your contract. When purchasing property, the seller normally chooses the title company to use, but it is still an item you can negotiate with the seller. Inform the seller and real estate agent of Preserve Title's low fees and settlement services. When refinancing your property, instruct your mortgage lender to use Preserve Title and ask them to fax their closing instructions to us. When building a home instruct your builder and lender, if applicable, to use Preserve Title as your closing agent. For more information, call us at 210-945-3370. The Preserve Title fax number is 210-945-3356. You may also email us at firstname.lastname@example.org.
How is RBFCU Services connected with RBFCU?
RBFCU Services is an affiliate of Randolph-Brooks Federal Credit Union (RBFCU). Each company within RBFCU Services is a wholly-owned subsidiary of RBFCU.
FHA and VA loans are offered through RB Mortgage LLC. RB Mortgage LLC is affiliated with Randolph-Brooks Federal Credit Union (RBFCU). NMLS# 862516. RBFCU Insurance Agency LLC, RBFCU Realty LLC and RBFCU Appraisal LLC are wholly-owned subsidiaries of RBFCU Services LLC. Preserve Title Company LLC and Kuper Realty Holding Company, LLC dba Kuper Sotheby’s International Realty are subsidiaries of RBFCU Services LLC. RBFCU Services LLC is affiliated with Randolph-Brooks Federal Credit Union (RBFCU). Insurance products are not deposits; not NCUA insured; and not guaranteed by RBFCU Insurance Agency LLC, RBFCU Services LLC and RBFCU.