The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Scott Sheldon's The Mortgage FIles Blog

No Cost Refinances = Tremendous Savings

By Scott Sheldon / April 20, 2011

What is a no-cost mortgage ? Let me be the first to say that many lenders quote rates and programs to get you to apply with them. That being said there are several distinctions we should make when understanding what a no-cost mortgage is. Let’s first talk about all the rest. A zero points mortgage…

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