Emigrant Savings Bank is offering first-time homebuyers $500 towards closing costs for New York state property purchases in the Bronx, Brooklyn, Queens, Manhattan, Nassau, Suffolk, and Westchester. Additionally, qualified low and moderate income borrowers financing or refinancing New York state properties may be credited up to $2,000 (not to exceed total closing costs) at closing. Eligible borrowers may also be entitled to receive rate reductions. Click here for more information.

NVE Bank customers who close a new home loan or refinance an existing loan will receive $549 cash back. Offer cannot be combined with any other offer and is not valid on home equity loans or lines of credit. Click here for more information.

Customers who apply for a new Comerica mortgage or refinance an existing mortgage from 02.01.2012 through 03.31.2012 and close by 05.31.2012, will receive a $150 lender credit toward closing costs. The credit will be applied at loan closing. Click here for more information.

Customers purchasing a home receive a guarantee that Citi will close by the date specified in the buyer’s purchase contract if the date is at least 30 days after the application date, including the date of the purchase contract. If the loan fails to close on time due to a delay by Citi, the borrower will receive a credit towards closing costs of $1,500. Click here for more information.

Pentagon FCU will pay up to $100,000 per loan in closing costs on its 5/5 adjustable-rate mortgage. Borrowers must use one of Pentagon’s preferred title companies to receive the closing costs credit. Click here for more information.

CitiMortgage's Homebuyer's Advantage provides customers with 0.75% of the loan amount (up to $22,500) as a credit that can be used to offset closing costs or discount points. This offer is available for purchase loans only. Click here for more information.