ga mortgage lender: Are no closing cost loans really possible?
- 09/30/10 02:22 PM
"No closing cost loans. It's the biggest no brainer..." If you haven't heard that one before, you've likely seen or heard some variation of no closing cost loans advertised. Can lenders really offer mortgages with no costs? The answer is yes and no. With rare exception, anytime money is borrowed, someone gets paid. In order to get a mortgage loan to the closing table, items such as flood certification, appraisal, credit report, title/attorney fees, to name just a few are all necessary. Very few of these necessary items (if any) come without cost. These costs don’t just go away, … (0 comments)
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