The Joy Of Buying A Home. The Thrill Of Saving Big. The MECU 30-Year No-Closing-Cost Mortgage.
posted: 06/28/2012
Buying a beautiful new home can be counted as one of life’s genuine pleasures. Unfortunately, adding up all the closing costs on your loan isn’t.
That’s why MECU offers a special mortgage designed to eliminate your closing costs, and provide you with more financial flexibility. So you can put the money you save towards your down payment, or use the extra cash to upgrade or renovate your home.
With the MECU no-closing-cost mortgage, you’ll enjoy:
- No closing costs (closing costs do not include interim interest and prepaid items such as insurance, property taxes, PMI)
- An outstanding 30-year fixed rate
- A steady principal and interest payment for the life of your loan
To check all our current rates and apply online, click here. Or call 877.270.6392, then select options 3, 1 and 1.
Moving into a new home is incredibly exciting. We want to start you off in the best way possible — with more money in your pocket.
* Interest rate and annual percentage rate (APR) effective as of 6/28/2012, and subject to change without notice. The no-closing-cost, 30-year fixed-rate loan is available for rate-and-term refinances and purchase transactions. Your actual rate might vary and will be based on several factors, including creditworthiness and loan to value. Mortgage loan payment example: A $200,000 mortgage for 30 years at an interest rate of 4.125% will result in a monthly principal and interest payment of $969.30. Additional restrictions may apply. NMLS ID: 411839
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