Bad Credit No Closing Costs Mortgage Refinance
A no closing cost mortgage refinance may be a good deal for you, but it’s not without its downsides. Before you make a decision, you should take into account your home’s value, your budget and your credit rating. If you plan to stay in your home for a long time, then you will be better off paying for your refinancing upfront. However, if you’re planning to sell your home within three to five years, you probably shouldn’t spend the money. The no closing cost route