Closing costs for borrowers (refinances)

You need a new title insurance policy to refinance your home, but why? Unlike an owner's title insurance policy, a lender's title insurance policy expires once your loan is paid off. When you refinance your house, you pay off the original loan and a new loan is issued, therefore you will need a new lender's policy.

Many times the benefits of a refinance far outweigh the costs associated with closing the deal. In this section, you will find information helpful for calculating your closing costs in a refinance real estate transaction.

Advantages to refinancing

Reasons to refinance are numerous. Once you've decided to refinance, you can get a quote for our services and know your closing costs in seconds. There's no obligation and no cost associated with requesting a quote.

Title insurance premiums

The following charts allow you to calculate your title insurance premium manually, but we admit the numbers can be a little confusing. To simplify matters, get a Quick Quote today.

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Settlement fees

Comparing rates and services among title companies is the best way to save money on closing costs. To make this easier for consumers, the Real Estate Settlement Procedure Act...

Transfer  & recordation

Residential refinance transactions: Read on for a break down of taxes associated with the refinance of a residential property in the District of Columbia, Maryland or Virginia.

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