End Confusion Save Thousands Mortgage Refinance Costs Simplified
Breaking Down the Costs
Understanding the costs associated with refinancing is crucial to determining whether it's the right move for you. Common fees include application fees, appraisal fees, and closing costs, which typically range from 2% to 5% of the loan amount2. However, by shopping around and comparing offers, you may find lenders willing to waive certain fees or offer competitive rates, ultimately reducing your overall expenses.