Quicken Loans client David Sterling of North Carolina discusses in this video testimonial about how Quicken Loans and Oliver Walker helped him refinance his home. After being recommended to Quicken Loans by a friend, David was pleased to find that the rates Quicken was offering him were lower than those of the other outlets he had considered. Together with Quicken Loans, Oliver closed on his house in just over three weeks, and found it the most pleasant mortgage experience he had ever had.
Question by mnorth12: What should my closing costs be when refinancing?
I want to refinance on my home but I just found out from the bank I’m working with now that I’ll have around $ 2500 in closing costs. Is that a lot or not? I’ve heard of people refinancing from much less, like $ 400. Thanks.
Best answer:
Answer by falsi fiable
Closing costs vary depending upon your credit scores, the amount financed, and the rate/points you select. You can opt for a no-cost refinancing by accepting a slightly higher rate.
Today you can get a NO COST refi at 4.875% APR 4.875%. Assumes single-family, owner-occupied, FICO > 740, LTV < 80%, not a condo, escrow impounds, and loan amount > $ 300k.
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David Kotok: Upcoming Eurozone Refinancing, The Hunt for Total Return
By Benzinga Radio Chairman and CIO of Cumberland Advisors David Kotok sent out a note over the weekend discussing the sheer amount of refinancing facing the Euro area in coming months and the difficulties that may create. He does not, however, …
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