Whether you're purchasing your first home or moving to a new house, enjoy the freedom of this no closing cost mortgage.
With a FAIRWINDS Freedom Mortgage Loan, take advantage of special benefits including:
- Fixed-rate for 10, 15 or 20 years.
- All normal closing costs paid by FAIRWINDS.*
- All our mortgages are serviced locally.**
- As little as 3% down.
- No application fee.
| $250,000 Mortgage | ||
|---|---|---|
| Term | 30-Year | 15-Year |
| Rate | 6.000% | 5.500% |
| Payment | $1,498.88 | $2,042.71 |
| Interest | $289,595 | $117,688 |
A $250,000 15-year mortgage could save you | ||
Example above is for illustrative purposes. Your actual savings will vary. | ||
Must be a primary residence purchase. Mortgage refinance is not available with this program.
*All normal closing costs are paid by FAIRWINDS. This includes the origination charge, appraisal, title insurance, settlement and search fees, recording fees, and documentary stamps. This does not include the prepaid escrow, first year’s homeowners insurance, property taxes, interim interest, or discount point. No closing costs offer is not available in Massachusetts.
**FAIRWINDS does not service FHA or VA loans.
Loans are subject to credit union membership eligibility, credit approval, and verification of information provided on the application. Other terms and conditions may apply. Terms and conditions subject to change at any time without prior notice.