A loan for which there are no costs associated with the loan that are charged by the lender, but that typically does carry a slightly higher interest rate.
Related information about no cost loan:
- No-Cost Loans: Smaller Fee, But Higher Rates: Mortgage Center ...
So which one should you choose -- a no-cost loan with a slightly higher rate or a regular loan with a lower rate? The answer largely depends on how much ...
- No Cost Refinance Loans | The Truth About Mortgage.com
Though you may avoid out-of-pocket expenses and upfront fees, these costs are not lender paid, and the loan is not a true no cost loan. You simply pay the fees ...
- The Price of a 'No-Cost' Loan — Mortgages - NYTimes.com
Oct 22, 2010 ... A type of loan that requires no cash outlay at the closing, but require paying a higher interest rate.
- No-Cost Mortgages - Mortgage Professor
When responding to a borrower inquiring about a no-cost loan, however, lenders ... A borrower shopping for a no-cost loan has only one price to consider -- the ...
- Compare a 'no-cost' vs. traditional mortgage | Calculators by CalcXML
Many lenders will offer a 'no-cost' loan in lieu of a traditional mortgage. ... Use this calculator to help determine if a no-cost loan with your lender is better than a ...
- Avoiding a High Price On a No-Cost Loan
Feb 7, 2009 ... No-cost mortgages help borrowers avoid being overcharged, and they eliminate most of the uncertainty involved in determining whether a ...
- Home Loan, Mortgage, Refinance, Debt Consolidation, and other ...
Now is the perfect time to take advantage of low interest rates and an exceptional market. Use our web site to apply online, calculate payments, view our loan ...
- No Cost Mortgage Loan Broker serving Arizona and Utah
No Cost mortgage loan broker serving the Arizona and Utah markets. Loan Types include, FHA, VA, Homepath, USDA, and Conventional.