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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What is the HUD-1 settlement statement?
The HUD-1 settlement statement is only required in certain cases.
2 min read Mar 28, 2022 -
Cash out refi vs. home equity loan: What you need to know
For some homeowners, it could make sense to refinance with a home equity loan.
4 min read Mar 18, 2022 -
What does a real estate attorney do?
Both buyers and sellers can benefit from hiring a real estate attorney.
5 min read Feb 23, 2022 -
How many times can I refinance my mortgage?
Often, lenders have what’s called a “seasoning” requirement.
5 min read Feb 23, 2022 -
What is a settlement statement?
Every real estate transaction requires a settlement statement of some kind.
3 min read Feb 22, 2022 -
2022 California first-time homebuyer assistance programs
Programs available to California first-time buyers that can make homeownership more affordable.
3 min read Feb 01, 2022 -
Buying a home? Here’s what to expect at the closing
Don’t get tripped up at the finish line when you buy a house.
6 min read Jan 19, 2022 -
Best mortgage lenders with no origination fee in 2022
Here is Bankrate’s guide to the best mortgage lenders with no origination fee.
3 min read Jan 19, 2022 -
Understanding the escrow process
The mortgage escrow process involves several phases.
5 min read Dec 20, 2021 -
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