Mortgage Warehouse offers a very popular no closing cost option on many of our loan programs. With this option, Mortgage Warehouse pays for all title, appraisal, and 3rd party fees resulting in absolutely zero closing costs paid by the borrower. Many banks offer a "no point" mortgage where they don't charge fees, however the borrower still must pay for some items such as title and appraisal fees. With our true no closing cost mortgage, the borrower pays no closing costs period!
Benefits of the no closing cost mortgage
- If you lower your interest rate by any amount you are saving money
- You don't have to wait any amount of time to recover closing costs...savings kick in immediately
- You can ask for a lower sales price on a new home instead of asking the seller to pay closing costs
- You can refinance anytime rates are lower, even multiple times in the same year to keep saving
- You do not have to lose any home equity to refinance
- The loan is simple and easy. There is no guess work or itemizing sets of fees because there are no fees!
Simply contact any of our loan professionals at 239-324-0700 for a free consultation to see if you qualify for the no closing cost mortgage. Certain restrictions apply.
