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Tag Archives: closing
Q&A: If I apply for a mortgage, can I back out of the application before closing?
by marsmet461 Question by Patricia: If I apply for a mortgage, can I back out of the application before closing? I recently signed on with a refinance company to process the refinancing of my mortgage. The same day I signed … Continue reading
Can I refinance my mortgage with no closing costs if I owe more than it is worth?
Question by Mark B: Can I refinance my mortgage with no closing costs if I owe more than it is worth? I already have a 30 year fixed (6.38%) but would like to take advantage of the lower rates now. … Continue reading
How can I refinance my mortgage without putting money down for closing?
Question by Mark B: How can I refinance my mortgage without putting money down for closing? I already have a 30 year fixed (6.38%) but would like to take advantage of the lower rates now. My mortgage is through SunTrust … Continue reading
Q&A: Refinancing mortgage, closing costs, points??
by RambergMediaImages Question by Nightflyer: Refinancing mortgage, closing costs, points?? If you have a 5.875% adjustable rate and know it will surely go up next year, should you refinance now at 5.75% fixed with 1 point + closing cost? 50,000 … Continue reading
Are mortgage refinance closing costs the same as a brand new purchase?
Question by : Are mortgage refinance closing costs the same as a brand new purchase? Hi. My sister is transferring the house to us. We have two options. Just buy the house from her. or refinance and take over the … Continue reading
Are these closing costs excessive for an FHA mortgage refinance?
by Mr. T in DC Question by newpoint60618: Are these closing costs excessive for an FHA mortgage refinance? OK, are these numbers too high, or am I just being overly cautious. My current loan is at 6.375% and has a … Continue reading
Are there always closing costs when you Refinance a mortgage?
by mortgagepaymentplan Question by barbara d: Are there always closing costs when you Refinance a mortgage? I’d like to know when it makes sense to refinance a 1st mortgage? What interest rate difference is worthwhile? And if you refi with … Continue reading
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 heywood2% to 4 % of loan…the only out of pocket might be the appraisal fee and an assignment cost, if you’re using … Continue reading
where in the mortgage refinance closing documents would i find the dollar amount of the point I paid to lower?
Question by Mark: where in the mortgage refinance closing documents would i find the dollar amount of the point I paid to lower? my interest rate? I believe I can write off this point over a period of time. Where … Continue reading
where in the mortgage refinance closing documents would i find the dollar amount of the point I paid to lower?
Question by Mark: where in the mortgage refinance closing documents would i find the dollar amount of the point I paid to lower? my interest rate? I believe I can write off this point over a period of time. Where … Continue reading