Why no closing cost options*

At the end of a successful home purchase or refinance process, the last thing you want to do is pay more money. So guess what – we’ve made it so you don’t have to. Seriously, at Lenox/WesLend Financial, we have no closing cost mortgage options available.

“How can we do this?” you ask. Because we want to. We are all about making homeownership about you, and that doesn’t mean additional lender costs – it means taking some of the weight off your back.

Our priority is our service to you, and in addition to working with you every step of the way to ensure that your purchase or refinance process is smooth and efficient, the only other thing we could do is to pay your closing costs. This frees up your wallet for more important things, and gives you the financial stability and freedom you need to enjoy being a new homeowner or continue to make memories in your existing one, all while saving money.

We value your business and don’t want to leave you at the end of the day tied down with hefty monthly payments. By covering your closing costs, you will be able to meet additional financial goals. How Does a No Closing Cost Mortgage Work?

Purchase or refinance your home with confidence, and come through the process ahead of the game.

Contact a mortgage advisor today to apply or find out more information, or call us at 888.395.3669.

* No closing costs options are NOT available in Washington.

How does a no closing cost loan work*?

At Lenox/WesLend Financial, we know that purchasing that dream home or refinancing an existing one, while keeping your payment affordable is important to you. We’ve been a mortgage lender focused on what matters to you most since 1999 –  finding the right mortgage solution and saving you money!

Lenox/WesLend Financial can take the closing costs out of the loan equation for you, saving you thousands of dollars a year in mortgage payments.*

NO CLOSING COST OPTION*
LOAN AMOUNT$225,000 $275,000 $300,000
INTEREST RATE4.250%4.125%3.990%
APR4.250%4.125%3.990%
TOTAL COSTS$0*$0*$0*
PAYMENT (P&I)$1,107 $1,333 $1,431

Conventional 30 year fixed - Example as of September 2017* Click here for more details.

No Closing Cost Option
The rate disclosed under the “No Closing Cost Option” assumes the loan amounts referenced above, rate and term refinance, first lien loan on an owner occupied, single family residence, 30 year fixed rate loan with a minimum 740 FICO score, 60% loan to value with no subordinate debt on a 30 day lock period. Borrower is not self-employed and owns no other properties. Property located in CA. Lenox will utilize a lender credit to pay all of the borrower’s closing costs except: for prepaid interest, property taxes, state mortgage taxes, lender payoff fees and any type of insurance. Lender credit is estimated at $3,000 to cover closing costs.

Monthly payment example includes principal and interest only and does not include payment for taxes and insurance. Actual monthly obligations may be higher.

This estimate is an example only. Your specific costs may vary. This offer is subject to underwriting approval. Not all applicants will qualify. Loan options and rates are subject to change based on market conditions, borrower and property eligibility. Final loan approval is subject to verification of income, assets, appraised value and specific requirements for individual loan programs and products. Restrictions may apply. Products and services may not be available in all states and are not available in states in which Lenox is not licensed.

Don’t miss out on thousands of dollars in savings by choosing Lenox/WesLend TODAY!

Want to see what else we have to offer our borrowers? Mortgage loan options are a no-brainer at Lenox/WesLend Financial and our interest rates are still at current lows.

Starting is easy, and there’s no obligation. Call 888.395.3669, speak to one of our knowledgeable mortgage advisors and explore your low rate options OR click on the quick quote button below, fill out the form and one of our mortgage advisors will be in touch with you shortly.

* No closing costs options are NOT available in Washington.