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Our Niche Products
No Closing Costs Loans |
Low Doc Loans |
Low Down Payment Loans
No Closing Costs Loans
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Make All of Your Money Work For You
No Points & No Closing Costs
...mean just that at Dynamic Capital Mortgage. We have particular expertise in home loans that carry absolutely no lending costs to you, whether you are buying a new home or refinancing your existing one. So, when you opt for no points and no closing costs with us, you do not pay any required one-time fees:
- no appraisal fee
- no fee for credit reports
- no filing fees
- no underwriting fees
- no fees for bank’s attorney and title insurance
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Choose Dynamic Capital
At Dynamic Capital Mortgage, we deliver the loan programs, rates and expertise to get the most out of your money. So, you get the home that you want today. You also get our commitment to extraordinary service throughout the entire process. Because your mortgage is among the largest personal financial decisions that you’ll make, it’s the kind of service that you deserve. That’s what makes Dynamic Capital your preferred mortgage lender.
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That’s at least $2,500 in savings to you, based on a $300,000 loan. And, because DCM is a direct lender, your loan will also feature an attractive interest rate that others just cannot match.
You Can Afford to Spend More on Your Dream Home
Homebuyers have more cash on hand to spend on a new home when they do not pay closing costs. While all homebuyers save money with these programs, the impact is particularly significant for borrowers with small down payments. A perfect example is a first-time homebuyer putting just 5% down. The $2,500 in out-of-pocket savings today translates into being able to afford a house worth about $50,000 more. Practically speaking, that could improve your everyday life with another bathroom and bedroom.
And, when you are refinancing an existing home, you will reduce your monthly payment without paying any out-of-pocket costs. So, it costs you nothing to save money every month.
The Specifics
- loan amounts greater than $200,000
- all loan types
You Should Know
It is important to understand the difference between genuine closing costs and recurring obligations that you would pay anyway over the course of home ownership, such as taxes, insurance escrows and mortgage interest. While these recurring items are often partially pre-paid at closing, they are not a cost of closing the financing; they are part of the financing
There are exceptions to everything. In some cases, it may make sense to pay closing costs, particularly if you select an adjustable-rate mortgage (ARM). Paying closing costs reduces ARM rates by as much as 1 percentage point. On a $300,000 mortgage today, that onepoint difference totals about $150 in monthly savings. Of course, Dynamic Capital offers programs with closing costs and points, too.
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