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Updated over 5 years ago,
Average cost for cash out refi?
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?