Brighter Closing Credit Program
Save on closing costs today and set up your financial future for tomorrow.
Why this matters during your homebuying journey.
Closing costs hit at the exact moment your savings are stretched the most. Even a small boost can create breathing room and peace of mind.
What you get with Brighter Closing
Your mortgage team introduces the offer once you’re approved, and they’ll guide you so everything is ready by closing. It’s simple, clear, and designed to make this moment easier for you.
How you save
By opening your account now, you’re not just reducing your closing costs; you’re starting a long-term banking relationship built around your goals, your financial growth, and your next chapter as a homeowner.How You Save:
Your closing costs, lightened.
Buying a home comes with a lot of moving pieces, and the financial pressure can feel real. The Brighter Closing Credit Program from Luminate Bank gives you a simple way to reduce what you bring to the closing table while you set up your financial future with a banking partner who stays with you long after move-in.
Why choose The CL Team at Luminate Bank?
When you’re making one of the biggest financial decisions of your life, you deserve a partner who’s clear, supportive, and genuinely invested in your future.
With The CL Team at Luminate Bank, you get:
An easier, more connected banking experience
A team that makes complex moments feel simple
Encouraging guidance, not jargon or pressure
Support that extends beyond closing and into your financial future
The process is simple.
Here's what it looks like:
Your Loan Officer introduces the offer during the post-approval, pre-closing stage.
You open your Luminate Bank deposit account using the path that works best for you (online, guided, or with a banker).
Fund the account with the qualifying amount.
Your closing cost credit is applied automatically at closing.
No hoops to jump through. No extra stress added to your plate.
Save at closing, secure your financial future.
A few minutes today can make your closing day feel lighter and give you a banking partner that stays with you long after the keys are in your hand.
Terms & Disclosures: Up to $400 lender credit provided for Luminate Bank checking accounts opened with a minimum opening deposit of $2,500. Up to $1,000 lender credit provided for checking accounts opened with a minimum opening deposit of $100,000 or more. Checking account must be opened and funded at least five (5) business days prior to mortgage loan closing. The Lender Credit may be requested at application or during the loan process; however, all eligibility requirements must be satisfied, including timely account opening and funding as described above. The Lender Credit applies to new loan fees only. Lender Credit is not available on construction loans, bridge loans, or HELOCs, brokered or wholesale loan products, and availability is subject to change or discontinuation without notice; provided that applications submitted prior to such change will be evaluated based on the terms in effect at the time of application, subject to eligibility requirements. Lender’s credit is subject to loan program minimum contribution requirements, and the actual lender credit applied may not exceed the maximum allowable credit based on existing credits and applicable fees.Cannot be combined with any other offer. Limited to one (1) Lender Credit per customer and per loan transaction, regardless of the number of borrowers or accounts opened. Offer not redeemable for cash. Additional limitations may apply. Luminate Bank NMLS 1281698 Bank Headquarters 2523 S. Wayzata Blvd., Suite 100 Minneapolis, MN 55405 (952) 939-7200.This is not an offer to enter into an agreement. Information provided outlines minimum down payment requirements as allowed by specific loan program and product guidelines. Rates, terms, and programs are subject to change without prior notice and may not be available in all states. All loans are subject to credit and property approval. Luminate Bank is not affiliated with any government agency. All rights reserved. Equal Housing Lender. Member FDIC.
