If you’re refinancing a mortgage, you may have the option of a no-closing-cost loan. Here’s how that works and how to decide if it’s right for you.
A no-closing-cost refinance helps you avoid the up-front cost of refinancing your mortgage, but it isn’t entirely free. Learn how a no-closing-cost refi works.
The costs of these can vary widely, but Freddie Mac estimates the average refinance costs around $5,000. Some mortgage companies will advertise "no closing cost" refinances, but these...
A no closing-cost refinance can help you reduce upfront costs. Learn how it differs from a typical refinance and if a no closing-cost refinance works for you.
You'll pay nothing up front, but you'll probably pay more over the life of the loan with a no-closing-cost refinance. Here's when that might be right for you.
Mortgage refinance closing costs can amount to 2%-6% of your principal balance. Here are the small costs that can quickly add up.
Our mortgage refinance calculator can help borrowers estimate their new monthly mortgage payments, the total costs of refinancing and how long it will take to recoup those costs.
Learn when the right time to refinance your mortgage is based on current market conditions, your financial situation, and average refinancing costs.
With a no-closing-cost refinance, you don’t have to pay closing costs upfront. But it could be more expensive long term.
Wondering what a no-closing-cost refinance is? Learn more about how this type of refinancing works and if it's the right choice for you.