Text from ad:
Valid on owner occupied, 1–4 -family residential properties. Property and hazard insurance are required and are the responsibility of the borrower. For mortgages with less than
20% down payment, Private Mortgage Insurance (PMI) is required and customer is responsible for PMI premiums. Other applicable fees/charges, including deed stamps or deed
transfer taxes, are not mortgage closing costs and will not be paid by the Bank. If a customer elects to obtain owner title insurance, the customer is responsible for the owner
title insurance premium. Single-wide mobile homes are not eligible for a no closing cost mortgage. Double-wide mobile homes are eligible for the no closing cost mortgage only if
permanently attached to a foundation. Should the no closing cost mortgage be closed or discharged within the first three years, the Bank may collect the third-party closing costs
from the customer that were waived when the loan was opened. If a customer selects an attorney to represent him/her, customer is responsible for attorney fees. Community
Bank will not pay for a survey, nor any other item that is ordinarily paid for by the seller. ADDITIONAL “NO CLOSING COSTS” PRODUCT DISCLOSURE: “No closing costs” means no:
origination fee/points; application fee; flood check fee; credit report fee; appraisal fee; mortgage recording fee; abstract update or title search fee; lender title insurance fees; bank
attorney fee; mortgage recording tax.
P E R S O N A L B U S I N E S S W E A L T H
If your household is growing or you just want to upgrade your nest,
we can help you save big with a no closing cost mortgage. The savings
can easily add up to thousands of dollars.
Stop into any branch or visit us online to learn more about a no closing
cost mortgage or any of our other affordable housing programs.
Time for a bigger space
or better place?
No closing cost
mortgages are here.