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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...

    A no-closing-cost refinance gets rid of the need to pay refinancing fees upfront, but it’s not free. ... The closing costs on a mortgage refinance for a single-family home averaged $2,375 in ...

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

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

    You’ll be paying for the higher cost of a zero-closing-cost mortgage for years to come — 15, 30 or whatever your mortgage term is. Imagine you plan to buy a $500,000 home with a 20 percent ...

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

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

    If lender A quotes 3% with no closing costs and lender B quoted 2.875% with $6,000 in closing costs, you are paying a lot of money for a .125% difference in rate. In addition, lender A might have ...

  5. How to get a low-cost mortgage refinance - AOL

    www.aol.com/finance/low-cost-mortgage-refinance...

    If rates decline during the lock period, lenders might allow you to take the new, lower rate. 2. Consider a no-closing-cost refinance. One way to get a low-cost refinance is to avoid closing costs ...

  6. How to get the best refinance rate on your mortgage - AOL

    www.aol.com/finance/best-refinance-rate-mortgage...

    Or you could get a no-closing-cost refinance with the same loan term, but with a 4.5 percent APR. ... But if you opt for zero closing costs, your monthly mortgage payment will increase to $1,646. ...

  7. Streamline refinancing - Wikipedia

    en.wikipedia.org/wiki/Streamline_refinancing

    The FHA streamline refinancing program does not permit home owners to receive equity back as cash. [7] The borrower can receive no more than $500 in minor adjustments in closing. Sellers are allowed to contribute up to 6% of the sales price of the home to the closing costs. [citation needed]

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