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Updated over 5 years ago on . Most recent reply

User Stats

68
Posts
9
Votes
Mike M.
  • Denver CO
9
Votes |
68
Posts

Average cost for cash out refi?

Mike M.
  • Denver CO
Posted

How much are you guys usually paying all in for cash out refinance?

I’m paying the following fees which total 4K for the refi:

1) lender administrative fee - 1,500

2) origination fee - 995

3) appraisal, tax, flood, credit report - 617

4) title fees - 675

5) recording fee - 40

All in I’m about 4,200. I’m going through a mortgage broker which is able to lock me in at 3.875 on a cash out refi with a FICO score of 800+. Am I paying an abnormal amount to pull cash out?

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