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.
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 cash-out refinance is when a loan's terms are refinanced but no cash is allocated for the borrower as spending or expense money. Learn how a no cash-out refinance works.
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.
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.
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. The mortgage refinancing process can be laborious and expensive — but if the conditions are right, it can be worth it in the long run. Before jumping in, you want to make sure you're refinancing for the right reasons. There are many different reasons homeowners refinance their mortgages, from ...
With a no-closing-cost refinance, you don’t have to pay upfront fees to close your mortgage loan. But you may pay more in the long run.
Minimum Credit Score · 580 for FHA and VA refinances, 620 for conventional refinances ; Days to Close · 30–45 days
Review your equity, credit score, breakeven point, and other key data points before you begin the mortgage refinance process. Learn what you need to know.