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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...

   Instead, you’ll have a higher loan balance on a no-closing-cost refinance or a higher interest rate. Here’s how it works. Say you’re refinancing a $200,000 mortgage to a new, 15-year loan ...

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

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

   How much are mortgage closing costs? Closing costs vary by the home’s cost and location, but you can typically expect to pay about 2 to 5 percent of your total loan amount in closing costs. The ...

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

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

   2. Consider a no-closing-cost refinance. One way to get a low-cost refinance is to avoid closing costs altogether. With a no-closing-cost refinance, you don’t incur any upfront fees. That can ...

5. Open-ended mortgages: What are they and how do they work? - AOL

   www.aol.com/finance/open-ended-mortgages...

   Pros of an open-end mortgage. Finance a home purchase and renovations with one loan and one monthly payment. Only repay the mortgage and any extra you use. Avoid closing costs for two loans. Cons ...

6. Adjustable-rate mortgages: What they are and how they work - AOL

   www.aol.com/finance/adjustable-rate-mortgages...

   Keep in mind that refinancing isn’t free, though — you’ll pay closing costs, just as you did on your original loan. Ideally, to recoup those costs, you want to refinance to a significantly ...

7. Types of mortgage refinance: How to choose - AOL

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

   In a no-closing cost refinance, you won’t pay closing costs upfront. Instead, you’ll finance these fees with the loan (and pay interest on the larger loan amount), or pay a higher interest rate.

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

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

   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.

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

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

   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 ...