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2. 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 ...

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

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

   Pros of a no-closing-cost refinance. No upfront payment: There’s no need to come up with a few thousand in cash. Break-even sooner: When you pay closing costs to refinance, it can take some time ...

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

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

   The closing costs on a cash-out refinance (and any type of refinance) are almost always less than the closing costs on a home purchase. For a cash-out refinance, the lender charges an appraisal ...

5. 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 ...

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

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

   (The good news: Refinance fees aren’t nearly as expensive as the closing costs on a home purchase.) Foreclosure risk: Your home is the collateral for the cash-out refinance, so if you don’t ...

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

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

   Unlike a cash-out refinance, you get a separate loan with fixed rates, terms of 5 to 20 years and often lower or no closing costs. A home equity line of credit (HELOC) is a close cousin of the HELoan.

8. 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 ...

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

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

   No-closing cost refinance: A no-closing cost refinance is any type of refinance that doesn’t require you to pay closing costs on closing day. Instead, you’ll bundle these fees into the new loan.