Applying through Flourish Lending is free. There’s no cost to explore mortgage options, view rate recommendations, or see whether you may be eligible for approval. As with any mortgage loan application process, costs only apply if you decide to move forward with a mortgage.
We charge a one-time $1,250 origination fee; this fee is waived if the borrower has direct deposit set up with his or her Flourish Cash Account.
In addition to the origination fee, there are additional “Closing Costs” that are associated with mortgages and refinances. Closing costs are separate from the down payment, and typically include expenses such as appraisal fees, lender fees, title services, and prepaid items like property taxes or homeowners insurance. Your loan officer will help you navigate fees that are applicable to your specific mortgage or refinance, and all applicable fees will be transparently disclosed during the process.