No closing cost mortgage

No Closing Cost Mortgage Home Loan

What is a no closing cost mortgage?

A no closing cost mortgage is simply an option that is typically offered by most lenders when purchasing or refinancing a home.  It is not some special promotion and is available every day for consumers that want to explore a no closing cost option.  Here’s how it works—–you get credit from the interest rates available to cover all or most closing costs associated with getting a mortgage.  Here are some examples:

  • You have the option to choose the lowest rate available with all the standard lender fees, title fees and prepaid taxes, insurance, etc.
  • You have the option to choose the lowest rate available without the standard lender fees but still have all the title fees and prepaid taxes, insurance, etc.
  • You have the option to choose the lowest rate available without any of the standard lender fees, title fees and prepaid taxes, insurance, etc.

Mortgages aren’t “one size fits all”. Everyone’s situation is different. Some benefit from lower rate and higher closing costs, while others benefit from slightly higher rate with no closing costs depending on their short term and long term goals

Simply tell us the scenario, and we will analyze your situation and provide professional advice that could save you thousands.

TO GET STARTED, PLEASE CLICK ON THE APPLY NOW BUTTON AND TAKE A FEW MINUTES TO COMPLETE AN ONLINE APPLICATION.

All approvals are subject to underwriting guidelines. Minimum and Maximum loan amounts apply. Rates and terms subject to change based on market conditions and borrower eligibility. Loans subject to borrower qualifications, property evaluations and credit approval.