First Savings Settlement Services

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First Savings Settlement Services
Phone: (703) 852-1737
Fax: (703) 852-1766

First Savings Mortgage Corporation
Where Good Faith is Guaranteed

Terms & Conditions

Homebuyers using the Edge will receive an Edge Guarantee Letter in lieu of the generic lender letter. Settlement must occur through the offices of First Savings Settlement Services or its designee.

The guarantee letter will include a guarantee to the Home Seller that if the contract settlement date is delayed due to financing, the seller will receive a $5,000 credit at settlement from First Savings Mortgage!

Guaranteed Closing Costs will include:

• Origination Fees
• Discount Points
• ONE appraisal
• All lender fees (credit reports, flood certifications, tax service fees, document preparation and processing fees).
• Settlement Fee
• Title Inspection and examination fee
• Owner's and Lender's Title Insurance
• Courier Fees
• Recording fees and transfer taxes for recording the Deed and first Deed of Trust.

Guaranteed Closing Costs will NOT include:

• Prepaid interest mortage insurance and hazard insurance premiums
• Escrow Reserves (if any)
• Administrative processing fees as charged by the Purchaser's realty firm.
• Adjustments between Purchaser and seller for taxes and/or association dues
• Elective costs to Purchase such as warranties, powers of attorney, home inspections, or repairs.