No-cost loan
No-cost loan
No-cost loans are loans where the lender may not directly charge the borrower like appraisal, recording, settlement fees etc. This has to be clarified with the lender before taking the loan. The borrower has to pay a higher interest rate for a no-cost loan.
Get Mortgage Rates
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed | 4.39 |
| 5/1 ARM | 3.69 |
Rates may contain points
