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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. 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 ...

4. 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 ...

5. Cash-out refinance: What it is and how it works - AOL

   www.aol.com/finance/cash-refinance-works...

   High-interest debt consolidation: Refinance rates tend to be lower compared to other forms of debt like credit cards. You can use a cash-out refinance to pay off these debts and pay the loan back ...

6. Refinancing - Wikipedia

   en.wikipedia.org/wiki/Refinancing

   Refinancing is the replacement of an existing debt obligation with another debt obligation under a different term and interest rate. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness ...

7. Discount points - Wikipedia

   en.wikipedia.org/wiki/Discount_Points

   Discount points. Discount points, also called mortgage points or simply points, are a form of pre-paid interest available in the United States when arranging a mortgage. One point equals one percent of the loan amount. By charging a borrower points, a lender effectively increases the yield on the loan above the amount of the stated interest rate.