How to save up to $5,000 on closing costs
Many hopeful home shoppers tend to focus on saving up the money necessary for their down payment and tend to overlook the costs associated with closing their home loan aka. "Closing Costs".
What exactly are closing costs? Closing costs are the fees associated with your home loan such as Lender and Owners Title Insurance, Taxes, Insurance, Appraisal, Mortgage Insurance, Attorney fees etc. These fees typically range from 1-3% of the loan amount that you are borrowing from a lender. At the Dallas branch of Skyline Home Loans, we do things a little differently than most lenders.
We know you’re going to need money for moving, furniture etc. so we came up with a program to help our customers save money on their closing fees. When you finance your home with the Dallas Branch of Skyline Home Loans we will actually help you with your allowable closing costs by issuing you a lender credit up to $5,000. The amount of your lender credit will vary by the amount of the loan. Curious about how much you could save in closing fees? Give us a call today and we'll show you just how much you could save on your home purchase.
*Disclaimer: Amount of lender credit available to borrower is based on loan amount and in no event will exceed: $2,000 for loan amounts $0-$124,999; $2,500 for loan amounts $125,000-$149,999; $3,000 for loan amounts $150,000-$174,999; $3,500 for loan amounts $175,000-$199,999; and $5,000 for loan amounts $200,000 and higher. Closing Cost Offer only available on 30 year fixed first mortgages, FHA, VA, and Conventional Loans. Closing Cost Offer excludes USDA, Brokered, and Jumbo Loans. After you decide to proceed with the loan, you will be charged for the cost of a home appraisal. Loan must close with the Dallas branch of Skyline Home Loans to be eligible for and to receive the credit. Skyline instructs the closing agent to show a lender credit in the applicable amount not to exceed $5,000 on your Closing Disclosure or HUD-1 settlement statement. One coupon per loan. Not valid with other promotional offers. Products and services may not be available in all states and are not available in states in which Skyline Home Loans is not licensed. Terms are subject to change at any time. Please consult with a Skyline Home Loans Dallas branch loan officer for additional details. Video testimonials on this page were provided by real customers of Skyline Home Loans who may have been compensated and are based on their real experiences however, individual experiences may vary.