Refinance

QHow Can I Lower Or Eliminate Closing Costs?
AYou can reduce the ÓpointsÔ you pay on a mortgage by taking a slightly higher interest rate (a ÓpointÔ is equivalent to 1% of the mortgage amount). In addition, many lenders re offering Óno closing costÔ loans, because of the extremely competitive mortgage environment. You should question all closing costs, and ask lenders to reduce or eliminate as many as possible. Also, if cash is an issue, you can often roll the closing costs into the mortgage amount Ö you will still pay them over the life of the loan, but a lower interest rate may more than make up for it!