The FCM-One Fee® Guaranteed Closing Costs Advantage

One of the most unique customer advantages of using First Connecticut Mortgage® (FcmRate.com®) for a new loan or refinance is our Guaranteed FCM-One Fee® Mortgage, which eliminates the worry of numerous, unexpected fees at closing by giving you one single upfront quote on your closing cost, that is guaranteed not to increase once you lock your interest rate. (the interest rate and FCM-One Fee® are guaranteed for the rate lock period chosen at the time you lock your interest rate).

The Guaranteed FCM-One Fee® Mortgage includes:

• Origination Fees
• Discount points
• Appraisal fee
• Credit Reports
• Lender attorney fee
• Flood certification
• Tax service fees
• Underwriting and processing fees
• Wire transfer fee

The Guaranteed FCM-One Fee® Mortgage does not include other real-estate transaction costs:

• Prepaid interest - This amount represents interest paid to the lender for the number of days remaining in the month you close. (This amount will change based on the final date of closing.)
• Intangible, mortgage, property and transfer or recording taxes or costs - (determined by the local county, city or state taxing authority, where applicable)
• Private mortgage insurance premiums (if applicable)
• Lender/Property Owners Title Insurance (This amount is based on loan amount and cost is subject to selected policy coverage)
• Homeowner/Hazard insurance on your home (house insurance and flood insurance (If Applicable) on your property)
• Monies required to fund any escrow or impound accounts.