Cut-the-Cost Mortgage Program

Whether you’re a first time home buyer or looking to upgrade, Let Island help pay your closing costs.

Welcome to our innovative Cut the Cost Mortgage Program, a solution specifically designed to alleviate the financial burden of upfront closing costs when buying a home. We understand that the initial expenses associated with purchasing a property can be daunting, which is why our program is tailored to help make home ownership more accessible and affordable. With our Cut the Cost Mortgage Program, you can enjoy the excitement of buying your new home without the worry of hefty initial fees. Our team is committed to guiding you through a seamless and cost effective home-buying process, ensuring a smoother transition into your new residence with financial ease and peace of mind. Let us help you turn the key to your dream home, without the upfront financial strain

Terms are subject to change without notice. Lenders Credit not to exceed $5,000, or total closing cost, whichever is less. Excludes prepaid expenses, rate lock fee and underwriting fee. Minimum FICO® score of 700 required. Available for purchase transactions and First Time Buyers only; cannot have ownership interest in a property within the prior 36 months. Suffolk and Nassau County only. Hazard insurance required on all loans secured by real property; flood insurance may also be required. Additional terms and conditions may apply. Membership eligibility applies.