What is included in
closing costs and how much does it cost?
Usually closing costs are about 3% of the loan amount, give
or take a little bit, depending on lender fees, origination, and third party
fees.
Closing costs are made up of various items such as: attorney
fees, title insurance, homeowner’s insurance, appraisal fees, interest charges,
and lender charges.
Your lender should be able to provide you with a closing
cost estimate or Good Faith Estimate to help break down the total cost.
Contact me today for more information and to get qualified
for a home loan!
Danielle Hifko
New American Mortgage
910-581-6398
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