A Quick Primer on Closing Costs

Closing costs are fees incurred from obtaining a mortgage loan for your home purchase.

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Today I want to share a quick message about closing costs. Closing costs are fees incurred from obtaining a mortgage loan for your home purchase, and they can range from 2% to 5% of the overall purchase price. You don’t always have to pay closing costs, though. There is a rural development loan that doesn’t require any closing costs if you qualify for it. You can also negotiate with the seller for them to pay your closing costs. If you’d like to know more about closing costs, don’t hesitate to reach out to me. I’d love to help you.