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What is my minimum out-of-pocket expense for a refinance?

April 26, 2017expense minimum out-of-pocket Refinance

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What is my minimum out-of-pocket expense for a refinance?

1 Answer

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Most closing costs can be rolled into the mortgage amount on a refinance so the usual out-of-pocket expense would be for 1) the credit report(s) and 2) the appraisal. These costs average approximately $440 in most states. These can be credited back at settlement.