No Lender Fee Mortgage
Save more with no closing costs on your next purchase or refinance
Skip the closing costs and save more with Ideal's No Lender Fee Mortgage Program. Save an average of $1,750 on your next mortgage loan or refinance.
- Average savings of $1,750! (based on average loan amount of $175,000.)
- Up to 30 year fixed rate options*
- Can be used for owner-occupied and second homes
- Available for single family, 2-4 units, condo, or townhomes
- Primary, secondary, and investment properties acceptable
- 620 credit score or higher
- 3% minimum down payment required for purchases
- Maximum loan amount: $453,100
*APR= Annual Percentage Rate. Maximum loan amount $453,100. Payments do not include amounts for taxes and insurance premiums. Offer subject to normal credit qualifications. 1% origination fee is waived. Rate subject to change. Property insurance is required. Consult your tax advisor regarding deductibility of interest. Payment example: On a $200,000 loan amount with a $250,000 purchase price for 30 years at 5.089% fixed APR, monthly proposed principle and interest payments would equal $1084.55. Payments do not include applicable taxes and insurance and may result in higher payments.