Closing Costs
Closing costs are the thousands of dollars in fees associated with getting a mortgage or refinancing a home loan and typically amounts to 2 percent to 5 percent of the loan principal but can vary by state.
Latest Closing Costs Articles
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Hard money lenders: One source for unique mortgage situations
These loans appeal to house flippers or those with unusual situations.
7 min read Nov 02, 2021 -
APR vs. interest rate: What’s the difference?
Most homebuyers focus on the mortgage rate and ignore the APR.
4 min read Oct 27, 2021 -
Mortgage and real estate news this week: Why some homeowners are avoiding refis, and mortgage rate update
A crash course in some homebuying basics for first-timers, and another update on mortgage rates.
1 min read Oct 23, 2021 -
What is RESPA?
There’s a lot involved in RESPA, but three key areas matter for you.
4 min read Oct 21, 2021 -
What are real estate closing costs and how much will you pay?
Closing costs can add up fast, but you may be able to avoid them.
5 min read Oct 20, 2021 -
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5 first-time homebuyer grants
There’s one key that separates first-time homebuyer grants from other forms of help.
5 min read Oct 12, 2021 -
How much are VA loan closing costs?
VA loan closing costs are all the fees associated with originating a VA loan.
3 min read Sep 29, 2021 -
Mortgage points and how they can cut your interest costs
Points can save you a bundle of money, but it pays to do a little analysis first.
5 min read Jul 22, 2021 -
You don’t need to put money down to refinance your mortgage — but there are costs
More often than not, you don’t need to put down money to refinance your mortgage.
3 min read Jul 16, 2021