Streamline Refinancing

Full Video Transcript

Can you avoid paying closing costs? According to the U.S. Housing and Urban Development Department, lenders may offer streamline refinances in several ways that avoid having to pay closing costs up front. Some lenders offering no closing cost refinances in exchange for a higher interest rate or sometimes lenders may simply add the closing cost to be included in the mortgage amount. For more information about home finance, contact an attorney in your area today.