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When you sign up for the BWA newsletter you will receive our bimonthly Mortgage Market Update e-mail, with valuable information and insight from our President and Broker Floyd Walters. With 30 years of experience in the mortgage industry, these updates always prove interesting and useful.

 


 

Can I Refinance Without Closing Costs?

Mortgage refinance loans require fees and closing costs. Is there a way around those fees? Is it possible to refinance without paying closing costs? The answer is yes, although the rest of your loan will be affected. The typical fees associated with refinance loans include lender fees and third-party fees. Lenders fees consist of things like origination, processing and underwriting. Some no-cost refinance programs have the lender pay for all these fees but still require the borrower to pay for third party costs. Those are made up of things like appraisals and title and escrow fees. There ar...

June 26th, 2019 | Refinancing a Home, Closing Costs, Can I Refinance Without Closing Costs?