Understanding Closing Costs

Understanding Closing Costs Closing costs include the myriad fees for the services and expenses required to finalize a mortgage. You’ll have to pay closing costs whether you buy a home or refinance. Average closing costs for the buyer run between about 2% and 5% of the loan amount. That means, on a $300,000 home purchase, you would pay from $6,000 to $15,000 in closing costs.Your lender is required...

Why a Pre-Approval is Crucial to Your Home Search

When you’re ready to find a home, the last thing you want to do is limit your possibilities. Dream big, right? But you’d be totally bummed if you found a perfect pad, only to learn you don’t qualify for the home of your dreams. Duis mattis laoreet neque, et ornare neque sollicitudin at. Proin sagittis dolor sed mi elementum pretium. Donec et justo ante. Vivamus egestas sodales est, eu rhoncus urna...

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