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NCC Home Equity Loan
A home equity loan
with no closing costs. There are no application fees. This may save your
customer hundreds of dollars-right from the start! See state availability
for product offering.
• Fixed
rate for the life of the loan.
• Pricing based upon tier structure.
• No annual
fee.
• No application fee.
• No prepayment
penalty.
• No title
insurance.
• No closing costs.
• Hazard and Flood
Insurance, if applicable, are required.
• Offered to customers with collateral property
in NY, NJ, CT and TX. (Note: A customer with collateral property in another
state can apply for the No Closing Cost loan.)
FCC Home Equity Loan
A home equity loan in which the applicant pays Full Closing Costs to
receive a lower interest rate. Features include:
• Fixed rate for the life of
the loan
• No application fee
• No prepayment penalty
• Offered in all regions, except for TX collateral properties
Closing Costs may include (but are not limited to) the following:
• Property Evaluation
• Title
Search/Insurance
• Mortgage Tax (if applicable)
• Settlement Agent Fee
• Recording Fee
• Flood Certification
• Credit
Report
In addition, some fees may be required for all products. Hazard,
flood, and homeowner's
insurance are limited to state requirements and paid for by the
borrower.
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