Step confidently into the realm of hassle-free homeownership.
No Closing Cost Mortgage
Call: 904-475-8000
Lower your out-of-pocket expenses the easy way
Experience competitive rates and a seamless mortgage process that eliminates the traditional closing expenses, allowing you to focus on the excitement of owning your home. RadiFi is committed to simplifying your homeownership journey, ensuring that financial ease accompanies the joy of acquiring your ideal residence. Explore the advantages of a No Closing Cost mortgage that lets you roll closing costs into your loan balance or rate*.
On your terms
Choose a timeline that works for you and yours.
15, 20, and 30-year terms for fixed-rate loans are available**.
No PMI Option Available
You may qualify for a lower monthly payment.
Ask about our No Private Mortgage Insurance option.
Up To 100% Financing
Don’t have the large down payment? Don’t worry.
Inquire about 100% home financing today.
Who Pays What?
All of the costs and fees for a home sale or purchase are individually listed on a disclosure. Lenders call this the Closing Cost Details Disclosure, while title companies call this a Master Statement. Closing cannot take place until both of these forms match exactly. RadiFi will pay up to $5,000 in closing costs which includes the following:
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How Much Does A Mortgage Cost?
Mortgage Costs Paid by You
- Points – This is a % of the loan amount paid at closing to get a lower interest rate over the life of the loan.
- Electronic Document Delivery Fee – Usually a flat fee for the software used to securely send sensitive documents electronically. This saves you time and money since this is often less expensive than overnighting paper documents.
- Prepaid Interest – This is the amount of interest that would be due between the closing date and the date of your first regular mortgage payment.
Other Recurring Expenses of Homeownership
- Homeowner’s Insurance – All lenders require a homeowner’s insurance policy to be in place for the duration of the mortgage.
- Mortgage Insurance – This insurance is usually required until the amount of the loan is less than 80% of the property’s value.
- Property Taxes – Are charged by the county and paid annually in November.
- Homeowners Association Fees – If there are monthly or annual fees charged by your neighborhood any amount due between closing and the next scheduled payment would be due at closing.
- Property Survey – Performed by a licensed surveyor, a property survey is a precise, to-scale map of your property including any structures.
Crunch Your Numbers
How much can you afford? Is now the right time to refinance? Run some numbers with our free calculators.
*The information provided by these calculators is for illustrative purposes only and accuracy is not guaranteed. The values shown are hypothetical and may not be applicable to your individual situation or guarantee extension of credit. Be sure to consult a financial professional prior to relying on the results.
Connect with Us
We’re here to help. Our friendly and local mortgage experts are here to make waves with you to put you on the right path to home ownership.
Disclosures
*Our No Closing Cost Mortgage covers up to $5,000. Not all closing costs can be rolled into your loan.
**Loans for primary residences or second homes in Florida and Georgia only. The amount of the total costs paid may be limited by the loan amount and certain underwriting factors.