There are many benefits to doing a Zero Cost Loan. The most obvious one is that it cost you nothing. The APR is exactly the same as the note rate. Through a slightly higher interest rate, we receive extra compensation and pay your closing costs!
Free Home Loans (No Points and No Broker Fees) and Free Rebate for Closing Costs. Home Purchase rates as low as 5.25% with Up To $24,000 Free Rebate. The Free Way to Refinance.