Refinancing usually costs thousands.
Lenders and third parties each charge fees to close your loan.
Most refinances cost thousands of dollars in fees.
Typical refinance fees
- Origination fee
- Appraisal
- Lender’s title insurance
- Settlement agent fee
- Credit report & flood certification
Those include origination, appraisal, title and settlement fees.
Where costs hide
Rolled into the loan
You pay interest on them for years.
Built into the rate
A “no-cost” loan at a higher rate.
Some lenders roll fees into the loan or build them into a higher rate.
Still yours on any refinance
- Prepaid interest
- Escrow for taxes & insurance
- Government recording fees & taxes
Prepaid interest, escrow and government fees are still yours.
ZERO Closing Costs
CapCenter waives or pays the lender and third-party fees. That’s ZERO Closing Costs (restrictions apply; see Offer details).
