If I want to refinance, what additional costs should I expect?

I would be glad to assist. Please email me @ justin.egan@rmsmortgage.com

Every loan scenario is different.. and when it comes to costs, there are many way to pay for it.. Certain costs associated with a refi are "Fixed" costs.. meaning, whether your financing $100K or $400k, the fee is the same.. other costs are "Variable" meaning they are based on a percentage of the loan amount.. so a $100K loan would be lower than a $400K loan amount.. but without looking at your exact loan scenario, it difficult to say.. Typically, you will have some lender fee's, and as I stated earlier, they can vary.. and you will have title and escrow fees. Here in AZ, refi's can costs between $2000, to $4000.. Now lets talk about how to pay the costs.. they can be paid by you, by bringing cash to the table.. or you can finance them into the new loan, or your loan officer can charge you a slightly higher interest rate and with the additional revenue generated, he can pay the costs for you.. but regardless of how a refinance might be pitched to you, understand that it's ALWAYS YOU!! paying the fees.... there's no such thing as a "No cost" loan.. appraisers, loan officers, title companies, etc.. none of these folks work for free,,, .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Hi Sarahwhite:We are local, reliable, and have great low rates. I personally have 20 years in the business and can help you refinance your home.Call my at 203-221-8242Paul LebowitzOwner/ BrokerWestport Mortgage LLCNMLS # 36102

It varies a lot, but usually the costs are a little less than when you purchase but there are ways to reduce the costs that are passed on to you. At 4.5% you may not see much savings depending how long ago you purchased and whether you are paying any PMI on the current mortgage.