TITLE SERVICES FOR REFINANCING A CONDO
What type of financing?
Your lender may agree to a CEMA (Consolidation, Extension, and Modification Agreement) for your loan.
The CEMA will save you New York State Mortgage Tax, but will have additional fees associated with it (additional filing fees and possibly an assignment fee).
The CEMA can help a borrower save money if the tax savings outweigh the fees associated with the CEMA.