How Much Does It Cost To Refinance?

Believe it or not, refinances aren’t free. Although they’re ways to refi your mortgage with no cost, please know that the costs are being absorbed in your interest rate.

Although you can obtain a home loan refinance with no money out of pocket, please know your closing costs have been rolled into your new loan amount. If you ever want to know approximately how much a refi will cost you, take 1% of your loan amount – and add $2,000 dollars.

This applies to most homes in most states.