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  2. No-closing-cost refinance: What it is and how it works - AOL

    www.aol.com/finance/no-closing-cost-refinance...

    In a no-closing-cost refinance, the borrower doesn’t pay for these expenses upfront, but rather over time. This could be by one of two methods: The closing costs are rolled into the new loan ...

  3. No-closing-cost mortgage: How it works and how to decide if ...

    www.aol.com/finance/no-closing-cost-mortgage...

    You get two quotes for 30-year loans, a traditional mortgage at 7 percent interest and a no-closing-cost loan at 7.5 percent. Let’s say closing costs on the traditional mortgage come to 3 ...

  4. Don’t Waste Money: Avoid These 10 Costly Mistakes When ...

    www.aol.com/finance/10-mistakes-avoid-refinance...

    From buried prepayment penalties to unnecessary closing costs, the refinancing process is riddled with financial pitfalls you need to avoid. ... the pros and cons of a 30-year loan vs. a 20 or 15 ...

  5. Mortgage refinance: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-refinance-does...

    Closing costs on a mortgage refinance can run between 2 and 5 percent of the amount you refinance. These line items include discount points, your loan’s origination fee and an appraisal fee to ...

  6. Loan modification vs. refinance: Which option is best for you?

    www.aol.com/finance/loan-modification-vs...

    A loan modification is a form of relief for borrowers struggling to make mortgage payments. A refinance is something you choose to do — if you don’t refi, the consequences are minor. You might ...

  7. FHA cash-out refinance guide - AOL

    www.aol.com/finance/fha-cash-refinance-guide...

    With an FHA cash-out refinance, you’d be able to borrow up to $320,000 — 80 percent of your property’s value. In this case, $200,000 of that would go toward paying off your existing mortgage ...

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