what bank offers no closing cost mortgages?

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what bank offers no closing cost mortgages?

no closing cost in refinancing

2007-03-05 06:22:42 · 2 answers · asked by luisf804 1 in Business & Finance ➔ Personal Finance

2 answers

Almost any bank will offer this but the interest rate they give you will be higher than one with closing costs... pay now or pay later.

If rates are changing rapidly (not currently)it may make sense to do this. You can lock in at a no closing cost (higher)rate with expectations that you may find a lower rate in the near future, while protecting yourself from potentially higher rates.

2007-03-05 06:34:00 · answer #1 · answered by mrrosema 5 · 0⤊ 0⤋

Hey i am here for the first time. I found this question and I find the replies really useful. I'm hoping to give something back to the community and assist others too.

2016-08-23 20:17:07 · answer #2 · answered by Anonymous · 0⤊ 0⤋