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Super Contributor
Liz123
Posts: 302
Registered: ‎12-19-2010

refinancing home loan

‎06-03-2012 03:08 PM

I just feel so lost. I have a rural loan, and they have this stream lining type of loan for people to refinance. There are just so many fees, that the new loan amount is almost the original amount I paid for the house.

Anybody refinance lately? What is a typical amount of fees to pay?

I'm at 5.85%, and it seems to be able to go to 3.75, but the bank says it would actually be 4.1 because of the fees.

I am lost.

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