No Closing Cost Refinance and No Cost Refinace Basics
No closing cost refinances loans are one of the best ways for you to save money when you refinance. Why pay thousands of dollars in closing costs if you don't have to? With a no cost / no points loan or a no closing cost mortgage, the broker will pay all closing costs! You keep the $2000 - $3000 you would usually pay in closing costs as they are paid by the broker. More importantly, because there are no costs paid in your refinance, we will continue to refinance your rate lower and lower as the market moves down with no costs. Every time rates go lower, you can lower your rate with no costs, even if rates only go down . ...
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