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  2. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    If you've spent years making mortgage payments and taking care of your home, you've probably built up a significant amount of equity. In fact, the average American homeowner gained $25,000 in ...

  3. 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. ... the lender’s origination fee and appraisal fees. In a no-closing-cost refinance, 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. 4 ways to get equity out of your home — and what to know ...

    www.aol.com/finance/how-to-get-equity-out-of...

    Requires appraisal and closing costs of 2% to 5% of your loan amount. ... you might be able to find a lender that offers no-appraisal home equity loans. These loans use digital tools and hybrid ...

  6. 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 ...

  7. Cash out refinancing - Wikipedia

    en.wikipedia.org/wiki/Cash_out_refinancing

    The interest rates on a cash-out refinancing are usually, but not always, lower than the interest rate on a home equity loan. The borrower pays the mortgage refinance closing costs. Generally, the borrower does not pay closing costs for a home equity loan. Closing costs can amount to hundreds or thousands of dollars.

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

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

    You get two quotes for 30-year loans, a traditional mortgage at 7 percent interest and a no-closing-cost loan at 7.5 percent. Let’s say closing costs on the traditional mortgage come to 3 ...

  9. 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.

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