Does paying your closing cost* sound too good to be true?
That's what Banks and other Lenders who have limited underwriting overlays don't want you to know.
Still not convinced! Listed below are just a few reasons of how we can make this offer.
As a Direct Mortgage Lenders. We can issue Lender Credits to any borrower with a 640 fico score that can be applied at closing to pay all closing costs which includes: Title Insurance, Government Charges, Stamps Recording Fees, Appraisal etc...
Unlike other direct mortgage lenders who only will pay your closing cost for refinancing (or) if you use their designated realtor. We offer Lender Credits for both Purchases and Refinancing!
By saving you money, it is easier for you to make a decision without having to spend time negotiating closing cost.
Lastly, we don't need to make all of our money up-front like our competitors.
* OFFER TO PAY CLOSING COSTS: 1st Florida Lending Corp., We will issue you a lender credit at closing for the amount of closing costs on a purchase or refinance loan. Lender credit will include the following fees: government recording charges, government stamps and intangible taxes, appraisal fee (collected at time of application and credited at closing), title charges (only if 1st Florida Lending Corp., selects the closing agent), and other applicable third party fees. Lender credit does not include rate discount costs/discount points, prepaid mortgage insurance premiums, or the payment of a mobile notary fee when the selected closing agent has an office which serves the area. Included closing costs are paid in the form of a lender credit at closing. Additional limitations to the lender credit may apply when used in conjunction with any other 1st Florida Lending Corp., offer(s). 1st Florida Lending Corp., reserves the right to select the closing agent when paying the title charges.