What is the Bagel Loan?
The Bagel Loan® is our signature loan that CREDITS the typical costs that are associated with closing your loan. We CREDIT these costs on any loan, refinance or purchase starting at $200,000. This includes but is not limited to the following:
- Underwriting fees COVERED
- Appraisal fees COVERED
- Title fees COVERED
- Lender fees COVERED
- Closing costs COVERED*
Purchase Benefits:
- We help you keep more of your cash at the closing table
- Fewer Costs = more money to invest into your new home and cover moving expenses
- We can make owning your home an attainable goal
Refinance Benefits:
We help you keep more money while financing less into your new loan
- Maximize the cash back on a Cash-out Refinance
- Refinance your home without adding on the covered costs to your new loan amount
*Available on purchase and refinance loans of $200,000 or more. Covered costs apply only if they are actually incurred in connection with the transaction. Any eligible covered costs incurred are paid by American Mortgage Corporation through a lender credit. Covered costs do not include taxes, prepaid interest, homeowners insurance, escrow deposits, recording fees, transfer taxes, or third-party fees not listed above. Subject to credit approval and program guidelines. American Mortgage Corporation, NMLS #226715. Equal Housing Opportunity.
