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Financial Rewards | Mortgage Closing Cost Credit

Mortgage Closing Cost Credit

Prosperity Home Mortgage Closing Credit Benefit Program

Please refer to the following chart for the available closing cost credits.

For purchase price amounts in excess of $1 million, a maximum rebate of $2,500 will apply.

Credit will be issued as a lender credit against closing costs after closing on any new purchase secured by a first mortgage or deed of trust (New Loan), subject to qualification, approval and closing. Subject to credit approval, not all borrowers will qualify. Discount may not exceed your out of pocket closing costs. All eligibility requirements must be met no later than 3 days prior to your loan closing date. Only one discount permitted per New Loan. This discount is void where prohibited and is transferable, subject to the terms herein. This offer is valid on SMARTMOVE purchase transactions only.

All first mortgage products are provided by Prosperity Home Mortgage, LLC. (877) 275-1762. Prosperity Home Mortgage, LLC products may not be available in all areas. Not all borrowers will qualify. Licensed by the NJ Department of Banking and Insurance. Licensed by the Delaware State Bank Commissioner. Also licensed in District of Columbia, Georgia, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia.

NMLS ID #75164 (NMLS Consumer Access at http://www.nmlsconsumeraccess.org/)

© Prosperity Home Mortgage, LLC. All Rights Reserved.

Prosperity Home Mortgage Closing Credit Schedule
Mortgage Loan Amount Closting Cost Credit
$25,000 - $49,999 $75
$50,000 - $74,999 $125
$75,000 - $99,999 $175
$100,000 - $124,999 $225
$125,000 - $149,999 $275
$150,000 - $199,999 $350
$200,000 - $249,999 $450
$250,000 - $299,999 $550
$300,000 - $349,999 $650
$350,000 - $399,999 $750
$400,000 - $499,999 $900
$500,000 - $599,999 $1,000
$600,000 - $699,999 $1,300
$700,000 - $799,999 $1,500
$800,000 - $899,999 $1,700
$900,000 - $999,999 $1,900
$1,000,000+ $2,500
 

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