- Shop around and compare rates from multiple lenders.
- Get a good credit score.
- Make a large down payment.
- Get a shorter loan term.
Q: What are the closing costs associated with refinancing my mortgage?
A: Closing costs are the fees you pay to complete your refinance loan. These costs can include:
- Loan origination fee
- Appraisal fee
- Title search fee
- Recording fee
- Attorney fees
The amount of closing costs you pay will vary depending on the lender and the type of refinance loan you get.