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

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

   Home equity loans and HELOCs typically have significantly lower closing costs than cash-out refinances — often less than $500 — making them more cost-effective for smaller loan amounts. Faster ...

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. Types of mortgage refinance: How to choose - AOL

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

   A no-closing-cost refinance can be tempting since it eliminates the need for you to have cash ready at closing. Depending on how long you plan to stay in the home, that convenience can cost you ...

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

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

   You plan to stay in your home long enough to recoup the closing costs. With refinancing costs between 2% to 5% of the loan amount, you typically need several years to break even on your monthly ...

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. 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 ...