loan rates. Cons Explained You’re not avoiding closing costs. A no-closing-cost refinance loan doesn’t mean these costs go away entirely; you just don’t pay them up front. Monthly...
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.
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 ...
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.
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.
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.
Mortgage refinance closing costs can amount to 2%-6% of your principal balance. Here are the small costs that can quickly add up.
With a no-closing-cost refinance, you don’t have to pay closing costs upfront. But it could be more expensive long term.
Can you refinance without closing costs? Here are the basics of a "no cost" refinance to help you decide whether it's the right option for your situation.