By choosing a no closing costs mortgage option with your purchase or refinance you can use a slightly higher interest rate that will allow you to have a rebate that will pay all of your non-recurring closing costs. In return it will allow you to close with less money up front. This option should only be used if you know a good time frame in which you will keep the mortgage so a breakeven point can be established between a closing cost and a no closing cost home loan or if you need to reduce the amount needed for closing due to limited funds.

To Find out More Contact Jake Belcher at Prime Lending.....913-742-9971