Q&A: What is considered a closing cost in a mortgage refinance?

Question by Jennifer M: What is considered a closing cost in a mortgage refinance?

Best answer:

Answer by heywood
2% to 4 % of loan…the only out of pocket might be the appraisal fee and an assignment cost, if you’re using a broker. Could be higher if you are buying points. get a “good faith estimate” before doing anything.

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