Posted on: 11th Nov, 2010 11:24 am
I am looking for an equity loan to do home repairs. the last broker suggested that I refi and include the extra$ in the new mortgage. How much will it cost to close the deal?
Welcome mjht,
The closing cost varies from one state to another. You should contact your lender and he will let you know the closing cost in order to close the deal. As far as points are concerned, it will depend upon you as to how many points you wish to pay when you close the loan.
The closing cost varies from one state to another. You should contact your lender and he will let you know the closing cost in order to close the deal. As far as points are concerned, it will depend upon you as to how many points you wish to pay when you close the loan.
Every mortgage and every borrower are different and you haven't given enough info to answer the question. Your credit and home equity are critical but you didn't share what that is.
Contact a few lenders and get a Good Faith Estimate.
Contact a few lenders and get a Good Faith Estimate.
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