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No Closing Cost Loan
Updated
January 19, 2023
When you buy a house, you will incur various expenditures and fees that are collectively referred to as "closing costs." The sum can vary, but it can rapidly add up to be rather large depending on several circumstances. Applying for a no-closing-cost mortgage helps with these expenses since the lender commits to paying them upfront and makes up the difference later by charging a higher interest rate for the loan term.
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