Matt Vernon | Source | Head of Consumer Lending at Bank of America
Matt Vernon
A result focused financial services executive with extensive consumer and mortgage banking experience. Creates, builds and manages high performing sales and operations teams that deliver industry benchmark performance. A visionary strategic thinker who can communicate the intricacies of a complex business in ways that creates commitment and followership from associates and trust by external business partners. Leader who has provided critical leadership through challenging market conditions while repositioning businesses for growth and continued success.
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A no-closing-cost refinance means you don't have to pay fees at closing. However, that doesn't mean there are no added costs. Closing cost fees will instead be included in the loan, increasing the principal balance, or you'll pay a higher interest rate. A higher interest rate adds up over time.
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Refinancing your mortgage? These are the costs you'll incur
If you're thinking about refinancing your mortgage, consider some of the costs you'll incur during the process. What seemed like a slam-dunk decision might not be!
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Bank of America
Head of Consumer Lending -
Bank of America
Head of Consumer Lending