If you’re considering a refinance on your mortgage, chances are this question may have crossed your mind.

Question:
“I’ve been putting off a refinance due to up-front costs (appraisal and any other fees).
What are the costs involved and options for a refi for a person of limited means?”

Answer:
“We give options. Most of our refinances require no funds from the borrower. As a branch we cover the appraisal cost upfront, and if costs are incurred they can be rolled into the mortgage loan.”
Michael Shotnik, Branch Manager at Colorado Mortgage

Questions? Schedule a time to chat with Michael.