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May 8, 2011

Severn Savings Bank Is Offering Home Buyers Free Cash

Posted in Property on May 13th 2011

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Anyone that closes on a home loan at Severn Savings Bank in Maryland will receive $600 cash back at closing.

The money can be used to pay a number of different closing cost fees. There are some stipulations that must be met in order to qualify for the offer. The offer is only good for individuals that apply to residential mortgages.

$600 cash back can not be used towards third-party fees including appraisal fees, credit report, title, or settlement costs. That is not the only offer that Severn Bank is running for mortgage borrowers.

Open a new checking account at closing and Severn Bank will contribute an additional $150. This money will be credited to your account within 90 days.

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