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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How often should you compare mortgage rates?
It’s important to check rates regularly when looking to purchase or refinance.
4 min read Oct 12, 2020
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Closing costs vs. prepaids: What’s the difference?
You may hear these terms used interchangeably, but they are two different expenses.
4 min read Oct 08, 2020
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What are APR fees on a mortgage?
Here’s a closer look at what fees are typically included in APR and what isn’t.
3 min read Oct 06, 2020
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What are real estate transfer taxes?
Real estate transfer taxes are different from property tax, estate tax and gift tax.
3 min read Oct 06, 2020
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Hard money lenders: One source for unique mortgage situations
These loans appeal to house flippers or those with unusual situations.
5 min read Oct 05, 2020
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What is APR on a mortgage and how does it work?
If you’re shopping for a mortgage, you’ll likely come across the term “APR.”
2 min read Sep 21, 2020
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How much are closing costs for home sellers?
Your closing costs are in addition to the other costs of selling a house.
2 min read Sep 07, 2020
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How many times can I refinance my mortgage?
Often, lenders have what’s called a “seasoning” requirement.
4 min read Aug 10, 2020
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Can you buy a house with no closing costs? What to know about no-closing-cost mortgages
Closing costs vary based on location, price of your home and size of your loan.
4 min read Jul 20, 2020