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The Very Important Buyer Program: Your Newest, Unfair Advantage


Get ready to provide your clients with a significant advantage in today's competitive market! We're excited to introduce the PenFed Homes Very Important Buyer (VIB) Program - a unique offering from PenFed Mortgage exclusively for clients working with you, their trusted PenFed Realty Agents.


The VIB program offers a powerful suite of benefits designed to save your clients money, reduce their upfront costs, and enhance their financial future. Here's what you can offer your buyers:


Save Money: Your clients can save an average of $2,300 in closing costs!*​


Less Cash to Close: Eligible buyers may choose to waive escrows, reducing the funds needed at closing - a benefit that can save them significant costs (some lenders charge up to two points to waive escrows!).


Benefits for the future: Buyers can take advantage of exceptional benefits with a future refinance.


​Plus, through the PenFed Power Buyer Program, your clients can buy with certainty and compete with cash buyers by obtaining a full up-front loan approval!**


Key Program Details:


  • The VIB program is valid for completed purchase application received on or after April 3, 2025

  • PenFed Realty clients referred to the VIB program by their PFR agent will save an average of $2,300 in closing costs.

  • Members are eligible to receive the lender-paid closing credit when their transaction is completed with both a PenFed mortgage and a qualified PenFed real estate network agent to purchase their home, subject to qualification and approval.


Eligible Closing Fees


The following closing fees are eligible for the VIB program credit:

  • Origination

  • Appraisal Fee

  • Credit Report Fee

  • Tax Service Fee

  • Flood Certification

  • Soft Credit Report Fee

  • Escrow Waiver Fee


Importantly, there are no state restrictions on eligibility for this credit, making it available to all of your clients.


This program is designed to provide you, our valued agents, with a powerful tool to attract and retain clients, giving them a distinct advantage in the home-buying process. Additional marketing materials will be available soon to help you promote this exciting new program to your clients. To learn more about the VIB program and how to best present it to your clients, please reach out to your PenFed Relationship Manager for detailed information.



Meet Brian Davidson:

Texas' Dedicated Relationship Manager

We're confident that the VIB program will be a valuable asset for you and your clients. Let's work together to make the home-buying experience even better!


PenFed Mortgage Disclosures:

* Members are eligible to receive the lender-paid closing credit when their transaction is completed with both PenFed mortgage and the qualified PenFed real estate network agent to purchase their new home, subject to qualification and approval. Offer valid for completed purchase applications received on or after April 3, 2025. Member must use the qualified PenFed real estate network agent assigned to member to close their real estate transaction. If member has already closed on a property or is currently using, and wishes to continue using, an unqualified PenFed real estate network agent, member will not qualify for this benefit. Lender-paid closing cost credits include: loan origination fee, appraisal fee, tax service fee, flood certification fee, credit report fee, soft credit report fee, and escrow waiver pricing adjustment, if applicable. Members can obtain lender and real estate services separately, but the lender-paid closing credit will not apply. The seller and/or other credits must be reduced if the loan has reached the maximum allowable credit limit per the loan product. Terms and conditions subject to change without notice. Conditions and exclusions apply. This is not a commitment to lend.


** Power Buyer Certification is contingent on a full underwriting review and approval of loan documentation and other creditworthiness conditions. Offering is subject to change at any time, some loan programs may be excluded. Talk to a PenFed Mortgage Loan Officer for additional details.

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© 2025 BHH Affiliates, LLC.  An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.

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PenFed Realty disclaims all warranties with respect to the services described herein, express or implied, including but not limited to, any warranty of merchantability, fitness for a particular purpose or freedom from infringement or third party intellectual property rights.PenFed Realty does not represent, guarantee or warrant any level of success resulting from the services described herein. Agent acknowledges that this is a support function of PenFed Realty and PenFed Realty is not authorized to provide legal advice. As such, Agent indemnifies PenFed Realty from any and all claims resulting from this Agreement that are not a result of PenFed Realty’s breach of the Agreement.

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Vendor Disclaimer:

Berkshire Hathaway HomeServices PenFed Realty Texas does not guarantee the work of the listed vendors; however, agents have been pleased with the work that was performed. Please provide any positive or negative feedback that you have from using any of these vendors.

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