Home of the No Cost Mortgage
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Today's 30-Year Fixed Mortgage Rates |
| National Average | Scout Mortgage NO COST LOAN | |
|---|---|---|
| Rate | 6.06 | 6.00% |
| Fees | 0.5 + closing costs | NO POINTS, NO FEES |
| *Fees based on mortgage amount and costs of individual mortgage closings. National average updated by freddiemac.com. 30-year rate based on 300,000 dollar loan amount, primary residence, 80% loan-to-value, full documentation. | ||
Scout Mortgage specializes in eliminating the stress of a mortgage refinance with three simple words ... NO CLOSING COSTS. Closing costs can raise your monthly payment by as much as $1,000 or more a month. Not to mention it will often trap you into a mortgage on a property that is worth less then your existing loan. Refinancing without closing costs will drop your payment and give you more money to spend on other things. It just makes more sense to avoid points and fees when all that does is line the pockets of the mortgage company. Don't lose the benefits of refinancing your home.
