FROM OUR BLOG
September 2, 2016

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.

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Sierra Pacific Mortgage Company, Inc.

Sierra Pacific Mortgage NMLS# 1788. Michael Shotnik NMLS: 218281, CO License: 100017466. Regulated in Colorado by the Division of Real Estate #988320. To check license status of mortgage loan originator, visit D.O.R.A. and NMLS consumer access.