If i refinance my house do i have to pay a downpayment or closing fees? if so about how much?

Kristin
Usually yes. IT varies by company and state. Call up a lender or go to bankrate.com and do some research on it...

Dominick
You will normally have to pay closing costs. There is NO way for anyone to know how much because it depends on the following details that you forgot to mention: the bank involved, the amount being refinanced, and the type of loan that you are refinancing INTO.

Alaina
NO absolutely not.. The fees are minimum no more than $1K, no down payment, as they are only re aging your balance at a different rate.

Clara
not if you have equity in the home it can all be financed in the noteI am a mortgage banker in TN