Hi everyone,

I am looking into refinancing options on my current 3.5% mortgage. I have just gone through an initial process/estimate with one company and I am looking at a new rate of 2.25% with ballpark estimate upfront fees of about 1-2% of the loan balance and I was pretty happy about this.

Later I asked my mom what she thought as she had recently refinanced and she thinks its a bad deal since she was able to secure no upfront fees and has multiple friends that have similar no-fee. I am now doubting if this is actually a good deal, I really have no idea what a good refinance looks like.

additional info on my refinance: - I am going from a conventional to a VA loan - refinancer is not the same company as the initial mortgage company - my moms refinance was with the same company and she didnt change to VA status

Thank you