$550 Lender fee
$35 Credit
$450 (approx) Appraisal
$300 Title Insurance
$500 Attorney's Fees
$100 Recoridng Fee
Plus your new escrows. So assume somewhere in the neighborhood of $2,000-$2,500. However, it will ultimately depend on what rate you lock in at.
Luke Allison
Bank of America Home Loans
828-777-8828
luke.allison@bankofamerica.com

Jimmy,

Depending on the rate you choose, you may or may not have to pay points. The lower the rate, the more likely you'll have to pay points. Alternately, the higher the rate, the higher the rate, the less likely you'll have to pay points. A point is defined as 1% of the loan amount. On a loan size of $200,000, 1 point will be $2,000. There are also other closing costs to consider, such as an appraisal fee, processing fee, underwriting fee, title search, attorney fee, to name a few. In all, the closing costs will range from $3,000 to $5,000.

You can also incorporate your closing costs right into the new loan amount. For example, if your closing costs come to $3,500, you can get a refinance mortgage loan for $203,500. As long as your LTV is within the parameters of the mortgage loan you're applying for, you're all set.

I hope this information helps. Best of luck!

Regards,
Total Mortgage Services

The cost will depend upon whether you're doing a rate/terms or cash-out refinance.