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No Closing Cost Mortgage

We're offering No Closing Costs to First-Time Homebuyers!

Don't stress out about financing your new home. Capital Bank is now offering No Closing Cost Mortgages.

  • All non-personal third party fees are paid
  • Flexible term options with fixed rates for 10-30 years
  • Get a discount of 0.125% off the interest rate with Auto Pay from a Capital Bank checking or savings account

Questions? Please don't hesitate to reach out to one of our Mortgage Originators for more information; Mary Beth Uebrick: (518) 742-6240 OR Kelly Bailey: (518) 708-9944. 

All loans subject to credit approval.  No closing costs means no:  origination fees/points, application fees, flood-check fees, credit-report fees, appraisal fees, mortgage-recording fees or title search fees, lender title insurance fees, bank-attorney fees and mortgage-recording tax.  At least one borrower on the loan application must be a first-time homebuyer, defined as not having an ownership interest (joint or single) in a residential property during the three years prior to the new purchase date.  Valid on owner-occupied, 1-2 family residential properties only. Private Mortgage Insurance (PMI) is required on loans with less than 20% down payment.  You will be required to reimburse the Bank fees paid to third parties that were waived as part of the no-closing cost mortgage if it is closed or discharged within the first three (3) years after the opening date.  The Bank will not pay for a survey, nor any other item that is ordinarily paid for by the seller. Existing homes only (no construction mortgages).