• What's your scenario?

    When it comes to getting a mortgage, you've got more options than you think. Everyone's situation is different. Tell me your scenario below, and I'll present you with all your options.


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< Florida Mortgage Options

No Closing Cost Mortgage

Video: What's The Deal With No Closing Cost Mortgages?

What is a No Closing Cost Mortgage?

A no closing cost mortgage is exactly what it sounds like. Typically, there are standard closing costs associated with getting a mortgage– such as origination charges, title charges, government recording and transfer taxes.

A no closing cost mortgage is not some special promotion and is available every day. Simply put, you get credit from the interest rates available to cover all or most closing costs.

Here’s a comparison detailing how much would need to bring to closing with other banks/lenders versus me:

Big Bank / Lender

$200,000

Purchase Price

$7,000

Down Payment

$4,000

Origination Charges

$2,008

Title Charges

$1,305

Taxes & Govt. Fees

$2,400

Estimated Pre-Paids

$0

Lender Credits

$16,713

Estimated Cash To Close

Florida Home Funding

$200,000

Purchase Price

$7,000

Down Payment

$0

Origination Charges

$2,008

Title Charges

$1,305

Taxes & Govt. Fees

$2,400

Estimated Pre-Paids

+$5,713

Lender Credits

$7,000

Estimated Cash To Close

  • What's your scenario?

    When it comes to getting a mortgage, you've got more options than you think. Everyone's situation is different. Tell me your scenario below, and I'll present you with all your options.


Florida Home Funding's no closing cost option(s) applies to standard fixed-rate FHA, VA and Fannie Mae conventional first-lien mortgages with a minimum loan amount of $100,000 and maximum loan amount of $453,100.  Minimum credit scores apply.  The credit borrower receives from the rate towards closing costs will vary based on market conditions and credit scores at the time of lock.  

No closing cost option(s) does not apply to loans types which Florida Home Funding is not approved to offer and/or loans which are ineligible for approval via our wholesale lending channel(s).

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    Sondi And Associates, Inc. dba Florida Home Funding. NMLS ID: 870878 Location: 390 N Orange Ave #2125, Orlando, FL 32801 | Phone: (407) 704-8729

    Content provided by The information provided on this site is for basic informational purposes only and IS NOT intended as a substitute for professional or legal advice. Notice: My Town Realty (License #: CQ1049127) and Florida Home Funding (NMLS ID: 870878) are both wholly-owned entities of Shahram Sondi (NMLS ID: 186790, License #: BK3225742). Due to this relationship, any referral between these two entities has the potential to financially benefit Shahram Sondi. Under no circumstance are you required to engage the services of one or both of these entities.
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