Real estate professionals in the Coastal Housing Network provide savings on their services for employees of member companies. When purchasing a home, you can access three types of savings:
Lender Credit
Loan officers in our network will waive processing fees and credit report fees. Lender savings vary across lenders, so check our network directory to see what each lender offers. Communicate early on with your lender that you would like to take advantage of Coastal Housing savings.
Real Estate Agent Commission Credit/Discount
Real estate agents in our network provide a commission credit/discount to make it easier for local employees of member companies to purchase homes by reducing their closing costs! (Don’t know what closing costs are? Check out our Home Buying Education resource here.) The buyer receives this discount/credit to closing costs through escrow. This contribution is available to the extent allowed by your lender. Please make sure your lender and escrow agent are aware of the commission credit you are receiving in order to credit it properly. Click here for the Escrow Instructions Form – complete the form and submit it to your escrow officer.
Inspection Company Savings
Check our network directory to see which companies offer savings on your home inspection.
Moving Company
Local mover, Movegreen, will take 10% off the cost of labor and moving supplies when you use their services.
Note: The real estate agent commission credit is available to the extent allowed by your lender and is capped at $7,500. Please make sure your lender and escrow agent are aware of the commission credit in order to credit it to you properly.
Eligibility: This benefit is available to employees of Coastal Housing Partnership member employers when purchasing a home as their primary residence in Santa Barbara County, Ventura County and San Luis Obispo County.
To verify your employment with a Coastal Housing Partnership member company, you must provide your real estate agent with a Letter of Authorization from the Coastal Housing Partnership. Let them know you would like to use the Coastal Housing savings.
