At The Koehn Mortgage Group, we strive to give back to our community as much as possible.
Because of those efforts we’ve been able to implement some amazing loan programs that can save new homeowners a lot of money on lender fees.
What Are Lender Fees?
There are many costs and fees associated with buying a new home. Generally, there are two types of fees: Lender fees and third-party fees. Lender fees are what we as a mortgage lender charge to work on your file and get it approved for a mortgage. Third-party fees are fees that accrue along with the home buying process that we, unfortunately, have no control over; like title fees, appraisals, inspections, etc…
Below are some of the amazing programs that we offer that, if you qualify for, allow us to waive our lender fees (A total of $1,590!!). Third-party fees will still have to be paid at closing, but for new homeowners, the savings can mean a lot!
First Responders Program
Hamilton For Heroes
-Active or Retired Veterans
-6 years of service in the National Guard or Reserves
-If you are the spouse of a service member who has died in the line of duty or as a result of a service-related disability.
Customer Retention Program
If you have previously closed a loan with us in the past then you are eligible to have your lender fees waived!
If you have any questions at all about these programs, don’t hesitate to give us a call, 254-405-6690!