Good morning!
I get questions about closing costs a lot...
...When is it best to roll closing costs into the loan (on a refi)?
...Can the mortgage company pay the closing costs?
The basic answer to these questions are:
If you are planning on staying in the home over 4 years - it's not a bad idea to roll closing costs into the loan.
If you are planning on selling or refinancing your home within the next 3 years - it's not a bad idea to let the mortgage company pay your closing costs.
I hope you have a good day today. Thanks for reading!
Brett
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