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Refinance > Frequently Asked Questions>2 percent rule REFINANCE


I've always heard about the 2% rule when refinancing, is it important?

This rule is somewhat obsolete due to the variety of closing cost options that exist today. With the proliferation of no cost and zero point mortgages, a potential refinancier can recoup the costs of refinancing very rapidly if not immediately. The 2% rule may be a helpful tool when paying both points and closing costs in order to refinance.


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Refinancing: Getting Started
  • Guidelines to Mortgage Refinancing
  • Why Refinance Mortgage?
  • Would Refinancing Make Sense for you?
  • Refinancing: 3 Common Types Refinancings
  • Refinancing: Four Mistakes to Avoid
  • Mortgage Refinancing Closing Costs Explained
  • Potential Tax Benefits
  • Mortgage Refinancing Calculator
  • Loan Documentation - Mortgage Refinancing
  • Refinancing FAQs
  • Appraisal when Refinancing
  • Refinancing - Non Owner vs Owner Occupied
  • Home Owners Litigation - Refinancing
    		•

    Refinancing: Selecting a Loan
  • Mortgage Program Options
  • Interest Only Mortgage
  • 100% Mortgage Financing - No Down Payment
  • No Costs Mortgage Refinancing
  • 2% Rule - Refinancing Mortgage
  • Yield Spread Premium
  • Zero Costs Mortgage Refinancing
  • Prepayment Penalty - Mortgage Refinancing
  • What is APR and how is it calculated?
  • Private Mortgage Insurance - Refinancing

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