Closing costs rolled into Refi or paid up front?When speaking to my mortgage rep about refinancing my FHA loan to an FHA streamline refinance, he offered either 4% if I roll the closing costs into the new loan or 3.75% if I pay closing costs up front. He strongly recommended not paying that up front but I don't really understand why. Investing it may not yield 4% return and I have the cash. We don't plan on staying in the home for more than 5 years and most likely less. If I take the 3.75%, the refi is definitely worth it to us, so I assume the other option would also be worth it, but I cannot understand which option is really better for us to take.January 30 2012 - Franklin Park0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.