The "No-Closing-Cost" Refinance: How Lender Credits Work, and When "Free" Actually Pays

The "No-Closing-Cost" Refinance: How Lender Credits Work, and When "Free" Actually Pays

Douglas Wilkerson
Published on: NaN/NaN/NaN

A "no-closing-cost" refinance isn't free — lender credits trade a higher rate for upfront credit. See the exact math, when the deal wins, when it loses, and the streamline rules that apply in Oct 2026.

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