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https://www.reddit.com/r/Mortgages/comments/1eu7kbq/what_does_no_cost_refinance_mean/
You'll then get those credits to pay the closing costs. The CFPB says lenders cannot call it free because there are costs that are credited, but ...

https://www.consumerfinance.gov/ask-cfpb/is-there-such-a-thing-as-a-no-cost-or-no-closing-loan-or-refinancing-en-141/
There are services rendered and costs related to originate all mortgages, but some lenders or mortgage brokers may offer you a loan that is ...

https://money.usnews.com/loans/mortgages/articles/the-true-cost-of-a-no-cost-mortgage-refinance
"A no-cost refinance typically means the lender offers a higher-than-market rate in exchange for covering some or all the applicant's closing ...



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