Well that depends. We will help you understand the costs and weigh the benefits of your loan options. You may choose to pay an origination or discount fee, which is typically 1% of your loan amount.
In most cases you will pay the same costs you had with your current home loan for the title search, title insurance, lender fees, etc.
The total sum could cost up to 2-3% of the loan amount. If you don’t have the funds to pay for associated loan costs, we can wrap the costs into your new loan or we can search for lenders that offer "no-cost" loans which will charge a slightly higher interest rate.