$2,000 Mortgage or HELOC Closing Cost Discount – Daily Deal

by Rate Nerd on January 29, 2010

Save up to $2,000 on first mortgage or home equity line of credit HELOC closing costs at AIG Bank.

AIG Bank  is extending its $500 credit toward homebuyers’ closing costs through the end of March. The same deal holds true for AIG’s $2,000 closing cost credit for its home equity lines of credit, which has also been extended until March 31, 2010.

AIG BANK CLOSING COST CREDITS

First Mortgages: $500. All borrowers who apply for a first mortgage with AIG Bank from November 1, 2009 through March 31, 2010 and close on that loan by June 30, 2010 will receive a $500 credit toward their closing costs. This offer may not be used with any other AIG Bank closing cost credit or promotion.

Home Equity Line of Credit (HELOC): up to $2,000. AIG Bank will provide a credit up to $2,000 at closing to offset closing costs and the appraisal fee for a HELOC in first lien position or up to a $1,000 credit for second liens. This offer may not be used with any other AIG Bank closing cost credit or promotion.

Whenever you apply for a mortgage, make sure you receive a Good Faith Estimate and don’t be afraid to shop as lenders have a lot of “wiggle room” with rates and fees.  If this is your first time refinancing, be sure to read our Refinance FAQ’s.

Learn more at the AIG Bank website.

Related posts:

  1. What’s A Good Faith Estimate (GFE) From My Mortgage Lender?
  2. What To Do If You Need Help To Pay Your Mortgage
  3. Mortgage Rates at 5.05% – What You Need To Know Before Refinancing
  4. Foreclosures, Mortgage Forgiveness to Rise
  5. 4.92% Mortgage Rates – How To Shop For Your Home Loan

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