re: No cost refi offer

I did this recently but went through a different bank. The others are correct in that you pay 0 closing costs but the trade off is a slightly higher rate. I’d shop around and see who gives you the best rate for a 0 closing cost refinance. Chase was not the best rate when I did it 6 months ago. I found the best rate (2.75 30yr) through the Costco mortgage program, if that’s an option for you.