Mortgage columnist and expert [tag-tec]Henry Savage[/tag-tec] gives a quick insider look at the zero cost refinance program.
Many people are probably not as familiar with this, but basically “qualified borrowers can forego the payment of the traditional [tag-self]closing costs[/tag-self] associated with refinance in exchange for the slightly higher [tag-ice]interest rate[/tag-ice]”.
I know it sounds crazy, but yes, the numbers can crunch in your favor. I think it has possibilities.
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