Real estate blog entries tagged with nocost refinance by Professor X (NONE)

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Home : Blogs : Professor X : Professor X's Blog : Tag "nocost refinance"

nocost refinance: Just Ask Josh: Is it really possible to get a no cost loan? Isn't there no such thing as a free lunch - 01/15/07 01:58 PM

This weeks question for Just Ask Josh comes to us from Maureen Francis, Birmingham Michigan's leading Realtor and author of the mioaklandcounty blog. We've been hanging onto this question for a while, waiting for a good week to post it.
"Our mortgage bank just sent a letter that they will give us a refi loan with no fees and no closing costs. Is that really possible, or am I just paying through a higher interest rate or something? Isn't there "no such thing as a free lunch?"
Maureen,
This is a very good question, because in this situation, like many others, … (19 comments)

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