WHAT WOULD THE NORMAL COSTS BE TO REFI 280,000 UNDER THE HARP 2 PROGRAM?

Really hard to answer, there are so many scenario's....

We aren't charging any closing costs right now on loans over $200k. You will have your standard title fees but you have the flexibility to choose your own title company. We do have an internal title division that usually can save you a couple of hundred dollars. Those fees can be rolled into the loan if you like. I would estimate around $1500 but that does change depending on company and county you are in. Give me a call and we can run through your options with you. 888-320-7888 www.MortgageWholesale.net - Ken

By the way I am located at the top of Kingsbury in Stateline, NV. So I'm local to your area. I would be happy to help you.

Way to difficult to answer... there are so many different ways to pay for the costs... you could get a higher rate but pay no costs, you could get a really lower than market rate and pay a ton of costs... and everywhere in between... when your shopping, you should be shopping for a person, not a loan... do your due diligence and check him/her out... once you find someone your comfortable with, someone you trust, just go with it... Don't use a bank, and certainly not the bank your loan is with now.. contact a local mortgage broker... they can shop for the best rate and lowest fees for your particular scenario... WilliamAcres.com

There is no such thing as a "no-cost" mortgage. Every loan is going to have closing costs. Title companies and Lenders do not work for free. The question is how are you going to pay for the costs. In a refinance, there are basically 3 ways to pay them. In cash brought to escrow, added to the loan balance, or paid for by lender (who gets them by charging you a higher interest rate). In the case of HARP, your costs should only include Title fees, which are determined by the Title company you pick, and maybe a processing/underwriting fee. In certain circumstances, your particular scenario may require an appraisal. Have your selected Mortgage originator work out the different scenarios so you can see the real differences. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com