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Government Taxes and Refinance Closing Costs

Government Taxes and Refinance Closing Costs

This is a discussion on Government Taxes and Refinance Closing Costs within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; For those that do add state tax, it is commonly added to the refinance closing costs for your home loan, ...

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Mortgage Refinancing If your current mortgage has a high interest rate, you’re stuck in an adjustable rate mortgage, or you want cash out or to consolidate your debt, the answer to your mortgage problems is refinancing. Mortgage refinancing allows you to pay off the remainder of your existing loan by taking on a new loan with better terms. However, there are a number of mortgage refinancing options available to you. And within each of these options, there are particulars you need to be aware of.

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11-04-2008, 12:44 PM

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Government Taxes and Refinance Closing Costs

For those that do add state tax, it is commonly added to the refinance closing costs for your home loan, and may be rolled into the loan amount. Again, depending on your state, there may be no tax, a minimal tax, or a tax of 1 percent b.../b

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closing, costs, government, refinance, taxes

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