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  2. 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 ...

  3. 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 ...

  4. 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. ... Say you’re refinancing a $200,000 mortgage to a new, 15-year loan with a lower interest ...

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

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

    By the end of the mortgage terms, the overall cost of the traditional loan comes to nearly $37,000 less than that of its no-closing-cost counterpart. How to decide if a no-closing-cost mortgage is ...

  6. 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.

  7. 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 ...

  8. Do you need a down payment to refinance your mortgage? - AOL

    www.aol.com/finance/down-payment-refinance...

    So, if the mortgage rate on a $150,000 refinance would normally be 7 percent, paying one point could reduce it to 6.75 percent, at a cost of $1,500 upfront. Shop around .

  9. 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.

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