Save money with a no-closing-cost mortgage
A no-closing-cost mortgage is a great option for those who want to conserve cash or plan to be in the loan short term.
Get a quote with no costsHere’s an example
With Closing Costs
Purchase price
$500,000
Down Payment
$25,000 (5%)
Origination Fees
$0
Title fees
$3,000
Estimated Pre-paid Items
$3,000
Points
$2,500
Lender/Seller Credits
$0
Total Due at Closing
$33,500
No Closing Costs
Purchase price
$500,000
Down Payment
$25,000 (5%)
Origination Fees
$0
Title fees
$3,000
Estimated Pre-paid Items
$3,000
Points
$2,500
Lender/Seller Credits
$8,500
Total Due at Closing
$25,000
Get a quote with no costs
- No documents required.
- No commitment.
- No hidden costs.
This is just an example. There are 3 ways to eliminate or reduce closing costs.
- You can get lender credits. You can opt in to take a higher interest rate which will start to give you closing costs credits. This is a great idea if you don’t plan on being in the home long, don’t have a lot of cash on hand or plan on refinancing quickly.
- You can negotiate the seller to pay for your costs on your behalf through whats called seller credits or sellers concessions. Your realtor will be able to negotiate this on your behalf.
- If you work with our preferred realtors they will apply part of their commission towards costs.
