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No Closing Costs Mortgages

Interested in buying a new home?

We're now offering No Closing Costs Mortgages!

Don't break the bank trying to purchase a new home and save with Capital Bank's No Closing Costs Mortgage.

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

Let's get started today! Give us a call toll free at (800) 836-3711. 


Apply Now!


No closing costs means no:  origination fees/points, application fees, flood-check fees, credit-report fees, appraisal fees, mortgage-recording fees, title search fees, lender title insurance fees, bank-attorney fees and mortgage-recording tax.  Valid on primary residence or second home, 1-4 family residential properties only.  Valid on 10 and 15-year terms 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.  Refinances of an existing Chemung Canal/Capital Bank mortgage requires $50,000 in new money.

A first-time homebuyer is defined as an individual or family who has not owned a home during the three year period prior to purchase. Exceptions to the three-year period exist for any individual who is a displaced homemaker or a single parent or any individual that owns or owned as a principal residence during such three-year period, a dwelling unit whose structure is not permanently affixed to a permanent foundation in accordance with local or applicable regulations. Existing homes only (no construction mortgages).