REAL Credit™ terms & conditions

Federal Title & Escrow Company ("FTE"), through its REAL Credit™ program, offers homebuyers a substantial credit to reduce their closing costs. Homebuyers will receive a credit simply by choosing FTE as the settlement agent and ordering services online. The following sets forth the terms & conditions by which a homebuyer may qualify and receive the REAL Credit™:

• The homebuyer, the homebuyer’s real estate agent, or the homebuyer’s mortgage lender must order settlement services online at www.federaltitle.com.

• The subject property must be located within greater Miami-Dade area.

• A homebuyer will receive the benefit of the credit (or a portion thereof); subject to their lender's underwriting requirements. In rare instances, the homebuyer’s mortgage lender may preclude the homebuyer from accepting the full amount of the REAL Credit™.

• A homebuyer may be entitled to a reissue rate discount on the title insurance premium.  In those instances in which the reissue rate discount exceeds the REAL Credit™, FTE will honor and apply the reissue rate discount in lieu of the REAL Credit™.  A homebuyer will not be entitled to both the REAL Credit™ and a reissue rate discount; but rather the homebuyer will be entitled to the higher of the two discounts.

• Homebuyers will be required to attend the settlement at the offices of Federal Title & Escrow Company, located in the 4000 Ponce de Leon Blvd., #470, Coral Gables, FL, 33146.

• FTE reserves the right and has sole discretion to alter, from time to time, the herein stated terms & conditions as well as the credit amounts.