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: