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  2. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    If you've spent years making mortgage payments and taking care of your home, you've probably built up a significant amount of equity. In fact, the average American homeowner gained $25,000 in ...

  3. Cash-out refinance explained: How it works — and when ... - AOL

    www.aol.com/finance/what-is-cash-out-refinance...

    Because cash-out refinancing involves paying 2% to 5% in closing costs, if you move too soon after refinancing, you likely won't have enough time to recover these expenses through any potential ...

  4. Cash-out refinance vs. home equity loans: Which is best in ...

    www.aol.com/finance/cash-out-refinance-vs-home...

    On a $200,000 loan, that's $4,000 to $10,000, making them expensive compared to home equity loans or HELOCs, which often have minimal or no closing costs. Reduced equity . Taking cash out reduces ...

  5. 4 ways to get equity out of your home — and what to know ...

    www.aol.com/finance/how-to-get-equity-out-of...

    Requires appraisal and closing costs of 2% to 5% of your loan amount ... you might be able to find a lender that offers no-appraisal home equity loans. These loans use digital tools and hybrid ...

  6. Pros and cons of a cash-out refinance - AOL

    www.aol.com/finance/pros-cons-cash-refinance...

    Closing on a cash-out refinance typically takes 30 to 60 days. Ask each lender for its average closing time to get a sense of what to expect. What are the requirements for cash-out refinancing?

  7. How the No-Closing-Cost Refinance Works - AOL

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

    When you buy a home or refinance your mortgage, closing costs can run thousands of dollars. However, there is a way to eliminate the out-of-pocket cost when getting a new mortgage. With a no ...

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

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

    In a typical mortgage refinance, the borrower pays a lump sum at closing to cover costs such as the lender’s origination fee and appraisal fees. In a no-closing-cost refinance, the borrower ...

  9. FHA cash-out refinance guide - AOL

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

    You’ll need to pay closing costs on the new loan, which typically range between 2 percent and 6 percent of the loan amount. So, if you’re taking out $250,000, those closing costs might be as ...

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