What are “no closing cost” mortgage requirements?
Oct 27, 2008 by Ivan S | Posted in Personal Finance
If I want to get "no closing costs" mortgage, what do I need to show the lender / mortgage broker?
You just have to show you can qualify for it. It's not really a special mortgage. If you don't want closing costs, you just pay a higher rate. That's all those loans are.
Costs and rates are like a see-saw. If one goes up, the other goes
Quicken Loans | Oct 29, 2008
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