LOS ANGELES — Los Angeles Federal Credit Union is encouraging its members to take advantage of low home prices and interest rates by offering a home buying service and a rebate on the Realtor's commission.
Beginning next month, Los Angeles FCU members can take advantage of the credit union's Home Search and Commission Rebate Service, which helps members find a home and then rebates 25% of their agent's commission. The 25% rebate can be applied toward closing costs or to pay down the mortgage.
"Any member interested in a real estate loan may be placed into the one-stop approach of this benefit," said Susan Reeves, national director-affinity programs at HomeSold Inc. "They can get their loan through LAFCU, receive a prescreened, preapproved agent, an advocate who will help with questions regarding the transaction process."
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