Question by krisdds426: I got a Good Faith Estimate from my refinance mortgage lending company and there are Title search, title?
insurance, Title Exam and Miscellaneou Title fees. These expenses I already paid since I bought the home 2 years ago so do I need to pay again now just for refinance? Please advise, thank you. And what is the best rate now for the 15 years fixed?
Answer by wizjp
Underwriting should require an update on the status of the title to make sure no liens or outsales/clouds have appeared on the title.
Every new loan has title insurance.
Yes you do
Varies from day to day and situation to situation. Best discussed with your broker
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