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A supporter of the Urban Homeworks is in the market to buy a <br />home. He/She is looking for homes ranging from $300K-$350K. <br />He/She agrees to use a Purchase With A Purpose realtor to find <br />a home. They make an offer on a home for $300K that is listed with <br />a 2.7% buyers agent commission ($8,100) <br />The realtor agrees to give back 30% of their commission ($2,430). <br />This supporter of Urban Homeworks will receive $1,430 as a realtor <br />credit to be used towards closing cost and Urban Homeworks will <br />receive a check directly from the realtors broker for $1,000. <br />PRMG will also provide the client with a 50BPS credit (.5% of the <br />total loan amount). The client agreed to put down 20% on the home <br />so the total loan amount is now $240K, which means PRMG will offer <br />a lender credit of $1,200 to be applied towards closing cost. <br />The client will now have $2,630 to cover closing cost and they will <br />get a receipt for $1000 donation paid to Urban Homeworks in their <br />name. <br />