Conventional No Closing Cost

The mortgage industry offers a variety of loan programs to individuals seeking financing. There is a wide selection of interest rate and point combination.

MGN Funding Corp offers a “NO LENDER FEES LOAN” program. This means that there are ZERO lender charges, No processing fees, no underwriting fees, no application fees, no wire fees, no commitment fees, no tax service fees, no credit fees, no courier fees and no points.

The “no lender fee loan” enhances your payment savings almost immediately, with minimal up front investment in closing costs. The no lender fee loan can be used for either a refinance or a purchase transaction.

The “no lender fee loan” can benefit many purchasers since they may have limited funds available for closing. The “no lender fee loan” can be used effectively to free up more cash for the downpayment or save for repairs, furnishing or other uses. It gives the borrower more cash than is needed for the direct closing costs.