No-Fee and Short-Term First Mortgage Options

No Fee First Mortgages

8 year, 10 year, 15 and 30 year programs

Whether you are buying your first home, your next home or refinancing your existing home our No Fee First Mortgage Loan may be just right for you!*

We pay for your appraisal, the lenders title policy, filing fees, and federally required flood hazard determination fees. Most importantly, we will not charge any origination fee, closing fee, or documentation fees charged for other first mortgages. All of this and still a very low interest rate for you to enjoy your new home or the benefits of a lower payment.** All you need is the required down payment if you are buying a home or sufficient value in your current home, if you are refinancing.

Apply today, online at this website or in any branch with any loan officer and save hundreds of dollars normally charged up front for a typical first mortgage loan.

All loans are subject to credit approval.

First Time Home Buyer Programs

When you are shopping for your first home we can help you with several choices for financing. We know all the options can be confusing, so we welcome the opportunity to assist you in sorting them out. We offer the following programs and our lenders will walk you through each one to find which is right for you:

  • Conventional 15 and 30 year Loans
  • Promotional “No Fee” 15 and 30 year financing
  • Idaho Housing First Loan Program (IHA)
  • Rural Development Loan Program (RDL)

Each program has different credit requirements, down payment and closing cost criteria, and other qualifying factors. We will gladly assist you in selecting the best fit for your budget.

Conventional Mortgages

We offer 15 and 30 year Conventional Mortgages with up 97% financing with 3% down. There are many options available and we will be happy assisting you in selecting the one that suits you. Apply online now or in any of our branches. If you are just browsing, check our rates and estimate your needs with one of the calculators in our Mortgage Center. Click Apply Now to get you there!

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* Refinance of an existing Westmark first mortgage may not be eligible for this promotion. Minimum loan amount is $50,000. Maximum loan amount is $300,000. Contact a loan officer for details.

**The 15 and 30 year loans don't include waiver of the following fees, and in those cases when the following fees are necessary, they must be paid by the borrower:

  • Private Mortgage Insurance Fees
  • Closing Fees or Closing Costs required by third party sales
  • Tax Service Fees
  • Any fees required to close, not specifically included in the promotional offer

**If the loan is repaid in the first 3 years borrowers will need to reimburse Westmark for the promotional fees covered by this program.

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