refi second home in los angeles

There is no such thing as a "True No Cost Refi".. no one works for free.. since you're the one borrowing, you're the one paying.... either by bringing in your costs to close, adding the costs to your loan, or by accepting a higher than par rate in order to obtain a lender credit sufficient to offset your closing costs, but in any of these scenarios, it s you paying.. Also, you are setting yourself up for disappointment by looking for your lender on an internet post.. No one here can guarantee this loan for you based on the limited info you provided.. the only way to know for sure what your costs and fees would be is to pick up the phone, call some LOCAL lenders in your area, and get written quotes.. it's the only TRUE way to know what the refi is going to ultimately cost you.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Hello,Is this for a Single Family Resident? i can offer you a No Point No Cost loan at 4.375% for a 30 Years Fix (perhaps even better if market gets better)

We can offer a true no cost loan at 4.375%. This will come at 0 cost (no points or lender fees) of any kind and we will also reimburse the appraisal fee upon funding of the loan. If you would like to discuss this option feel free to give us a call at 858-605-0952 or message us on Lender411!

If we were licensed in California, yes, that would be a feasible cost structure based on the current market. Unfortunately, we're not licensed there.

Contact one or more of the forum members who responded.

All loans have closing costs. How you pay them is a different story. A no cost loan is achieved by raising the interest rate. You'll pay more in interest over time to cover the closing costs you didn't pay up front. What you quoted seems a bit of a reach based on where interest rates are today. be sure to get a second, or even third opinion from a local mortgage broker.

Yes a refinance at 4.375% APR 30 year fixed rate is do-able at this time. the cost of the loan is paid for by the lender with pricing. If you would like more information please contact me at 916-261-0499 or scottpwmson@gmail.com. I am a broker in California license number 01235129 DRE.