Closing costs do change from year to year. They change from state to state and from deal to deal. Whenever you close, the closing costs are unique to your deal. Keep in mind that we excluded certain costs — mainly title insurance and taxes. Mainly because those costs vary so much from house to house. Depending on the state that you are in, closing costs can be high or low.

A lot of it really boils down to the cost of living in that state. You can control your closing costs by shopping around, applying at at least 2 or 3 mortgage lenders.

In addition to that there are a couple of fees that you can shop that are third-party fees. A third-party fee is a fee that’s not charged directly by the lender, so we’re talking about things like the credit report, the appraisal, flood certification and title insurance.