What's the Catch? There is no catch.

Will I qualify for this program? Find out for for free. The zero points/zero closing costs program is for borrowers with credit scores above 680 who have homes with at least 5% equity for loans up to $417,000, at least 20% equity for loan amounts up to $1 million and at least 30% equity for loans up to $1.5 million. Loans that fall outside of these parameters will not qualify for the rates posted on the home page.

Do I need any money at all at the closing? Yes. You will need to have funds to cover interest adjustments and escrow accounts. These items are not costs but do require cash outlays at closing. If you have enough equity in your home, you can increase your loan amount to cover these anticipated items or you can pay them directly at closing.

Am I just paying a higher interest rate? No. Compare our zero point rates to competitors such as E-Loan, Di-Tech and Countrywide and you will see that our zero point rate option is nearly always the same or better and we pay your closing costs.

What if my loan is less than $300,000? If the loan amount you need to refinance is below $300,000, you can still get the posted rates but with a guaranteed flat fee to refinance. For loans between $200,000 and $299,000, the flat fee is $1,000. For loans between $100,000 and $199,000 the flat fee is $2,000. For all loans below$100,000 borrowers pay all closing costs (approximately $2,500) directly.

How can you offer this deal? First, we do not have commissioned loan officers. We take what would have been loan officer commissions and use those funds to eliminating your closing costs. Second, we are ruthlessly efficient so we can operate profitably on smaller margins.

Do I have to pay anything to get started? Yes - the appraisal fee. After your application is received an appraisal will be ordered and you will pay the appraiser directly when they visit your home. At closing, you will receive a credit for the cost of the appraisal.

When can I lock in my interest rate? You can lock in your interest rate at the time we receive your application for a 45 day period. You can also submit your application, "float" your rate and lock in during the application process.

Can I use my own attorney? Possibly. When we contact you after receiving your application form, please let us know if you have an attorney you would like to use.

What do I have to do after I apply? Once you submit your application, you need to meet the appraiser, provide your attorney with insurance and ,

How long does the process take? From the time that we receive your application we will need between 20 and 40 days to get your loan closed. You can help decrease this

How do I get started? Fill out our one simple form and a representative will contact you to verify your information and complete your application.