Can you refinance your home without paying closing fees?
What company do you know of, if this is possible?
You may not be able to refinance, but some mortgage companies may let you modify your mortgage. I have a mortgage with Navy Federal Credit Union in Vienna, VA. When the interest rates went down, I wanted to change my mortgage interest rate. Since I did not want to change the length of my loan or do a cash out refinance, they allowed me to modify the interest I was charged. All I had to do was sign a paper. There was no fee. I didn't receive the absolute lowest rate in the market, but I still got 3.675% for the remainder of my 15 year mortgage (12 years left).
I think NFCU was able to do this because they do not sell their mortgages and they service all of their loans in house.
by Shepherd's Lamb 3 years ago
I just want to discuss what's going on in my little head right now and hope to hear from those of you more educated on the subject.I qualified to buy a condo in 2004 (six years ago). I paid $6,000 cash for closing. Two years later I refinanced to get into a fixed interest rate of 5.5%...
by Ralph Deeds 9 years ago
I just refinanced my home mortgage today--4% for 15 years. Closing costs around $1,900. This is the lowest interest rate in 50 or so years.
by HubPages 9 years ago
How To Pay Mortgage Early
by confusedgirl99 9 years ago
I am a bit confused as to what the best path is for us to take. We purchased our home about 5...1/2 years ago. Right now we are in a 30 year fixed rate mortgage at 6.125. We need to add on to our home, but we can get a very small amount of cash out since home values have dropped and we've only been...
by flacoinohio 5 years ago
What is an interest credit?I have been paying a Sallie Mae loan for seven years and realized in September that I had only paid down $900 on a $8500 private education loan. After realizing this I started paying triple the monthly amount I have been paying for the last seven years. Rather...
by shirleycarter 7 years ago
can i get out of this car loan with 19% interst rate
Copyright © 2020 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
HubPages Inc, a part of Maven Inc.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|