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Updated about 5 years ago on . Most recent reply

User Stats

239
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47
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Ron Singh
  • CA
47
Votes |
239
Posts

refinancing tips and best practices ?

Ron Singh
  • CA
Posted

I see various Ads for range of interest rates regarding refinancing .

how much closing cost and fee differs between no name lender VS big lenders like chase, well Fargo, BOA etc ?

what do you prefer based on your experience ?

Most Popular Reply

User Stats

97
Posts
55
Votes
Asim Sheikh
  • Long Island, NY
55
Votes |
97
Posts
Asim Sheikh
  • Long Island, NY
Replied

@Ron Singh - Since MOST of the fees associated with closing costs are the same between lenders (i.e, title, taxes, attorney's fees, recording, etc.), the main thing that differentiates one lender from another is their closing cost fee.  I would think that this is not the only thing that's most important to consider, as you should also look at the stability of the lender and whether they will continue to be in business in a few years.  Good luck!

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