Closing Cost in a Mortgage Refinance

[Jennifer M]

What is considered a closing cost in a mortgage refinance?

[heywood]

2% to 4 % of loan...the only out of pocket might be the appraisal fee and an assignment cost, if you're using a broker. Could be higher if you are buying points. get a "good faith estimate" before doing anything.

[evensonhimself]

closing costs are going to be fee's built into the loan .... for exampleorigination fee title insurance feeunderwriters feeprocessing feefee from your closing companyalso you have to remember they will more than likely be setting up a new escrow account for you, so that will show up on your fee's as well (years worth of taxes and half a years worth of insurance usually) if you need any more help let me know.