NO COST REFINANCE

No Cost is Free

Our no cost refinance can lower your rate and monthly payments at no cost to you. We pay all of the closing costs such as title fees, appraisal fees and credit report fees. There are no loan fees or prepayment penalties, and nothing will be added to your loan balance unless you want to add to it.

This is a true “can’t lose” situation.

You get the benefits of a lower interest rate while incurring no costs to refinance. You may even be able to tap into the valuable equity that has built up in your home over the years by taking “cash-out” of the transaction.

Is It Truly No Cost?

Yes. You pay absolutely no points, fees, or closing costs of any kind.

We pay for your:

  • Points
  • End Lender Fees
  • Credit report
  • Recording fees
  • Closing attorney fees
  • Title insurance
  • Appraisal*
  • Courier
  • Flood certification
  • Title search
  • Tax service fee
  • Everything**

*Note: You will have to pay for the appraisal fee when you apply, but this money will be refunded to you at settlement. (Certain restrictions may apply depending on loan size.)
**Note: We do not pay for your prepaid escrows. Prepaid escrows are not fees.

Who Pays the Fees?

The new lender pays all fees including ours for providing the service. Nothing is added to your loan to cover fees.

Who Benefits the Most From this type of transaction?

  • All homeowners with rates .25% above the current market rate
  • All homeowners with adjustable rate mortgages that want the security of a fixed rate.
  • All homeowners with second mortgages.
  • All homeowners with a fixed term mortgage that would like to switch to a different term.
    (ie. 30 year to 15 year etc.)

If I pay thousands in points and fees, can I get a lower rate?

Yes. However, it could take years to recoup the fees you pay. Paying costs usually makes sense when interest rates are not expected to go lower and you plan on remaining in your home for some time. With our no cost loans, you pay nothing, so you are free to take advantage of any drops in future interest rates.
Just ask and we will run the numbers to see if paying fees makes sense for you.

Rates Are Subject to Change At Anytime! Contact Us Now!

No Closing Cost Home Equity Line of Credit

  • Rates as low as Prime Minus 1/2%
  • Interest Only Payments for 10 Years
  • Borrow up 100% of your Home’s Value (Minus 1st Mortgage Balance)
  • Perfect for Consolidations, Emergencies and Opportunities
  • Everything is paid for, appraisal, attorney, title charges and origination fees.
  • No Pre Payment Penalties