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How to save money on mortgage refinancing fees: Money Matters

“And instead of closing costs of $2,944, the closing costs would be $299” writes Teresa Dixon Murray for cleveland.com. Among the costs that can be negotiated: Lender fees — the $395 application fee, $400 processing fee and $375 underwriting fee.The bank is willing to reduce the closing costs in exchange for the higher interest rate.I am not expecting this to be free, but I had under $2,000 in closing costs in mind — some of these fees seem pretty out there.
 
Source: cleveland.com



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