Do "no out of pocket costs" mortgages really exist ?I have been quoted a refinance mortgage with a lender credit that will equal the closing costs, including third party costs. I have > 40% equity and an excellent credit rating. Yet this sounds too good to be true... do these "no out of pocket costs" mortgages really exist ?.January 03 2013 - Greenville00YesReport 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.