No closing cost mortgage tips and background information. Break even analysis.
The No Closing Cost mortgage is becoming very popular in Pennsylvania. It was started and the word was spread in 2006 by a large bank as a marketing idea to bring in new business as things were starting to slow down in the mortgage industry due to rates being up and the refinance boom being over. Now, we are receiving calls for these loans every day. But, we do not always recommend them and here is why: Continue reading Pennsylvania No Closing Cost (NCC) mortgage information