Mortgage Closing Cost Savings

When you choose to finance your home purchase (or refinance your present home) through an approved lender, you are entitled to reduced closing costs based on the loan amount. Closing cost savings will be given as a credit at the time of closing.

Mortgage Amount Savings at Closing

Mortgage Amount Savings at Closing*
$50,000—$199,999 $ 400
$200,000—$299,999 $ 600
$300,000—$399,999 $ 800
$400,000—499,999 $ 1,000
$500,000 or more $1,200

 

*Savings are available only when an approved lender originates the mortgage.